Consumer demand analysis attracts considerable attention. It remains an open question, however, whether estimating demand with aggregate data is reliable when disaggregate store-level data is given. Demand models may produce biased results when applied to data aggregated across stores with...

Recent studies and reports suggest that foreign aid/intervention has been somewhat futile in eradicating conflict. In this study, we develop a simultaneous donor/recipient model of foreign aid and terrorism. Thereafter, we extend our theoretical propositions through a machine learning algorithm...

Conflicts push back development endeavors of a society by many years. The authors attempt to investigate the dynamic effects of conflicts on development, as well as the causal relationships among conflicts, development and foreign assistance, by using Panel-VAR and directed acyclic graphs (DAG)...