provenance of the artwork, omitted variables in most previous studies, seem to be more important determinants of the sale price … in predicting whether or not an artwork sells at auction, (3) there is little supporting evidence for the widespread …;), although (4) there is strong evidence in our data for the declining price anomaly, or quot;afternoon effect.quot …

allocation decisions. We define a measure of the price of impure altruism as the additional proportion of income sacrificed by a … predictions of the model we ran an experiment in which we varied within-subjects the costs and benefits of monetary and volunteer … the donor (impure warm-glow altruism). Consistent with the model's predictions, the experiment shows that priming pure …

concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to …

We develop and estimate a panel data model explaining the answers to questions about subjective probabilities, using …

This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification … spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …

This paper develops a model for dynamic binary choice panel data that allows for unobserved heterogeneity to be …

This paper considers testing the hypothesis that errors in a panel data model are weakly cross sectionally dependent … the range [0, 1/4], for all combinations of N and T, and irrespective of whether the panel contains lagged values of the …

Mundlak (1978) proposed the addition of time averages to the usual panel equation in order to remove the fixed effects … we demonstrate that in this extended setup Probit estimation on panel data sets does not pose a specific problem. The …

matched firm-worker panel and a matched firm-transaction panel. Our data set follows the population of manufacturing firms and …

This paper compares various forecasts using panel data with spatial error correlation. The true data generating process … rather than homogeneous panel data models …