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This article presents an econometric analysis of the many data on the sealed-bid auction that sells mussels in Yerseke town, the Netherlands. The goals of this analy- sis are obtaining insight into the important factors that determine the price of these mussels, and quantifying the performance...
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examined. It is argued that this philosophy is not able to transform econometrics from `alchemy' to `science'. …
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We experimentally investigate the development of voluntary transfers in an overlapping generations environment. By varying the information conditions of the game, we study whether the development of transfers is related to the possibility of future generations to monitor and reciprocate...
Persistent link: https://www.econbiz.de/10011090845
Given the assumption that the components of a vector time series are stationary about nonlinear deterministic time trends, nonlinear co-trending is the phenomenon that one or more linear combinations of the time series are stationary about a linear trend, hence the series have common nonlinear...
Persistent link: https://www.econbiz.de/10011091350
The well known Sperner lemma states that in a simplicial subdivision of a simplex with a properly labeled boundary there is a completely labeled simplex. We present two combinatorial theorems on polytopes which generalize Sperner's lemma.Using balanced simplices, a generalized concept of...
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This paper proposes a standard for notation in econometrics.It presents a fully integrated and internally consistent …
Persistent link: https://www.econbiz.de/10011091827