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On Distributions of Ratios
Broda, Simon A.; Kan, Raymond - Tinbergen Instituut - 2014
A large number of exact inferential procedures in statistics and econometrics involve the sampling distribution of ratios of random variables. If the denominator variable is positive, then tail probabilities of the ratio can be expressed as those of a suitably defined difference of random...
Persistent link: https://www.econbiz.de/10011255898
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On the Exact Finite Sample Distribution of the L1 -FCvM Test Statistic
Hinloopen, Jeroen - Tinbergen Instituut - 2011
We derive the exact finite sample distribution of the <I>L<SUB>1</SUB></I>-version ofthe Fisz-Cramér-von Mises test statistic (<I>L<SUB>1</SUB></I>-FCvM). We first characterizethe set of all distinct sample p-p plots for two balanced sampleof size <I>n</I> absent ties. Next, we order this set according to the correspondingvalue of...</i></i></sub></i></sub></i>
Persistent link: https://www.econbiz.de/10011256710
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Identifying All Distinct Sample P-P Plots, with an Application to the Exact Finite Sample Distribution of the L1-FCvM Test Statistic
Hinloopen, Jeroen; Wagenvoort, Rien - Tinbergen Instituut - 2010
P-p plots contain all the information that is needed for scale-invariant comparisons. Indeed, Empirical Distribution Function (EDF) tests translate sample p-p plots into a single number. In this paper we characterize the set of all distinct p-p plots for two balanced sample of size <I>n</I> absent...</i>
Persistent link: https://www.econbiz.de/10011257077
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The Formation of a Core Periphery Structure in Heterogeneous Financial Networks
Daan in 't Veld; Leij, Marco van der; Hommes, Cars - Tinbergen Instituut - 2014
Recent empirical evidence suggests that financial networks exhibit a core periphery network structure. This paper aims … at giving an economic explanation for the emergence of such a structure using network formation theory. Focusing on … intermediation benefits, we find that a core periphery network cannot be unilaterally stable when agents are homogeneous. The best …
Persistent link: https://www.econbiz.de/10011272587
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Remittances and their Effect on Emigration Intentions in Egypt, Morocco and Turkey
Dalen, Hendrik P. van; Groenewold, George; Fokkema, Tineke - Tinbergen Instituut - 2005
What determines remittances – altruism or enlightened self-interest - and do remittances trigger additional migration? These two questions are examined empirically in Egypt, Turkey and Morocco for households with family members living abroad. Results show, first, that one cannot clearly...
Persistent link: https://www.econbiz.de/10011255585
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The Industrial Organisation of the Dance Industry in the Netherlands: a Transaction Cost Perspective on Hybrid Forms of Organisation
Butter, Frank A.G. den; Joustra, Jelle - Tinbergen Instituut - 2014
The organization of Electronic Dance Music (EDM) events has become a major export product in the Netherlands. In order to respond quickly to the new trends and needs, innovative forms of cooperation between producers are to be set up for the organization of exciting new events. A case study on...
Persistent link: https://www.econbiz.de/10011255594
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Confirming Information Flows in Networks
Billand, Pascal; Bravard, Christophe; Kamphorst, Jurjen; … - Tinbergen Instituut - 2012
Social networks, be it on the internet or in real life, facilitate information flows. We model this by giving agents incentives to link with others and receive information through those links. In many networks agents will value confirmation of the information they receive from others. Our paper...
Persistent link: https://www.econbiz.de/10011255900
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Simultaneous Search and Network Efficiency
Gautier, Pieter A.; Holzner, Christian L. - Tinbergen Instituut - 2011
allow for ex post Bertrand competition generate the maximum matching on arealized network. …When workers send applications to vacancies they create a network. Frictionsarise because workers typically do not know … frictionaffects network formation, while the second coordination friction affects networkclearing. We show that those frictions and …
Persistent link: https://www.econbiz.de/10011256115
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Diffusion of Behavior in Network Games Orchestrated by Social Learning
Huang, Jia-Ping; Koster, Maurice; Lindner, Ines - Tinbergen Instituut - 2013
are connected according to an undirected graph, the social network, and have the choice between two actions: either to … network. (2) Average inclination governs collective adoption behavior. (3) Initial inclinations determine the critical mass of … network and other parameters. Given the complexity of the system we use a standard technique for estimating the solution. …
Persistent link: https://www.econbiz.de/10011256157
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On Hierarchies and Communication
Brink, René van den - Tinbergen Instituut - 2006
This discussion paper resulted in a publication in 'Social Choice and Welfare', 2012, 39, 721-735. <P> Many economic organizations have some relational structure, meaning that economic agents do not only differ with respect to certain individual characteristics such as wealth and preferences, but...</p>
Persistent link: https://www.econbiz.de/10011256206