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Measuring biases in expectation formation
Peters, Florian; Kucinskas, Simas - 2018
We develop a general framework for measuring biases in expectation formation. The method is based on the insight that biases can be inferred from the response of forecast errors to past news. Empirically, biases are measured by flexibly estimating the impulse response function of forecast...
Persistent link: https://www.econbiz.de/10011869992
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The bias of the Gini coefficient due to grouping
Van Ourti, Tom; Clarke, Philip M. - 2008
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order … reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the … it reduces a considerable share of the bias due to grouping. …
Persistent link: https://www.econbiz.de/10011377108
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Bargaining in the presence of condorcet cycles : the role of asymmetries
Kamm, Aaron; Houba, Harold - 2015
This paper reports results from a laboratory experiment studying the role of asymmetries, both in payoffs and …
Persistent link: https://www.econbiz.de/10010532580
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Welfare analysis with a proxy consumption measure : evidence from a repeated experiment in Indonesia
Pradhan, Menno - 2001
consumption using 23 questions, the other using 320 questions. Based on a repeated experiment inwhich the two questionnaires were …
Persistent link: https://www.econbiz.de/10011317438
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Measurement error in education and growth regressions
Portela, Miguel; Alessie, Rob; Teulings, Coen N. - 2005
the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher …
Persistent link: https://www.econbiz.de/10011335189
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The Bias of the Gini Coefficient due to Grouping
Ourti, Tom Van; Clarke, Philip - 2008
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order … reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the … it reduces a considerable share of the bias due to grouping. …
Persistent link: https://www.econbiz.de/10010325812
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The bias of the Gini coefficient due to grouping : revisiting first order corrections
Van Ourti, Tom; Clarke, Philip M. - 2008
Persistent link: https://www.econbiz.de/10003774506
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The Bias of the Gini Coefficient Due to Grouping : Revisiting First-Order Corrections
Van Ourti, Tom - 2008
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order … reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the … it reduces a considerable share of the bias due to grouping …
Persistent link: https://www.econbiz.de/10012722922
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Choosing voting systems behind the veil of Ignorance : a two-tier voting experiment
Weber, Matthias - 2014
prefer. To answer this question, I design a laboratory experiment in which participants choose voting systems. I find that …
Persistent link: https://www.econbiz.de/10010337025
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Experimental public choice
Schram, Arthur - 2002
A review is given of the use of laboratory experiments in the Public Choice literature. A distinction is made in … experiments on public goods, participation games, rent-seeking and lobbying, and spatial voting. …
Persistent link: https://www.econbiz.de/10011327841