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Non-Standard Errors
Menkveld, Albert J. - 2021
In statistics, samples are drawn from a population in a data-generating process (DGP). Standard errors measure the uncertainty in sample estimates of population parameters. In science, evidence is generated to test hypotheses in an evidence-generating process (EGP). We claim that EGP variation...
Persistent link: https://www.econbiz.de/10013312068
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The Quasilinear Quadratic Utility Model : An Overview
Choné, Philippe - 2019
The quasi-linear quadratic utility model is widely used in economics. The knowledge of its exact origin is less widespread. A first contribution of the paper is to explain the genesis of this model. Next, we review the main properties of the general model, mainly following the previous...
Persistent link: https://www.econbiz.de/10012866406
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Multicollinearity in the Presence of Errors-in-Variables Can Increase the Probability of Type-I Error
Komlos, John - 2019
Multicollinearity, especially in combination with errors-in-variables, can increase the likelihood of a Type-I error by inflating the value of the estimated coefficients by more than it magnifies their standard errors, thereby increasing the likelihood of obtaining statistically significant...
Persistent link: https://www.econbiz.de/10012892129
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Theoretical and practical arguments for modeling labor supply as a choice among latent jobs
Dagsvik, John K.; Jia, Zhiyang; Kornstad, Tom; … - 2012
paper we argue that practicality is not the only feature that can be addressed by means of stochastic choice theory. This … theory also offers a powerful framework for developing a more realistic model for labor supply choices, founded on …
Persistent link: https://www.econbiz.de/10010280822
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Belief Elicitation : Limiting Truth Telling with Information or Incentives
Danz, David - 2020
Belief elicitation is central to inference on economic decision making. The recently introduced Binarized Scoring Rule (BSR) is heralded for its robustness to individuals holding risk averse preferences and for its superior performance when eliciting beliefs. Consequently, the BSR has become the...
Persistent link: https://www.econbiz.de/10012842970
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Spin Doctors : A Model and an Experimental Investigation of Vague Disclosure
Deversi, Marvin - 2018
such positive spin? We use a theoretical model and a laboratory experiment to study the strategic use of vagueness in a … interval that contains her actual type. Theory predicts that when facing a possibly naive receiver, the sender discloses an … interval that separates her from worse types but is upwardly vague. Senders in the experiment adopt this strategy and some …
Persistent link: https://www.econbiz.de/10012908648
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Partial Norms
D'Adda, Giovanna - 2019
related testable predictions, and design an experiment based on a variant of the dictator game that tests for empirical …
Persistent link: https://www.econbiz.de/10012889682
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Conspiracy Against the Public €“ an Experiment on Collusion
Johnsen, Åshild A. - 2019
theory, while sociological theories of social ties and intergroup comparisons suggest that bilateral cooperation can be … strengthened if there exist outsiders that gain from cooperative break down. We investigate this in a laboratory experiment …
Persistent link: https://www.econbiz.de/10012892045
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It's Not My Fault! Self-Confidence and Experimentation
Hestermann, Nina - 2019
external factors if they fail. They are too easily dissatisfied with their environment, which leads them to experiment in …
Persistent link: https://www.econbiz.de/10012892079
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Endogenous Timing and Income Inequality in the Voluntary Provision of Public Goods : Theory and Experiment
Itaya, Jun-ichi - 2019
supported by the laboratory experiment, although those regarding individuals’ contribution decisions are consistent with the …
Persistent link: https://www.econbiz.de/10012892149