Showing 1 - 10 of 7,555
This paper presents a downtown parking model that integrates traffic congestion and saturated on-street parking. We … assume that the stock of cars cruising for parking adds to traffic congestion. Two major results come out from the model, one … of which is robust. The robust one is that, whether or not the amount of on-street parking is optimal, it is efficient to …
Persistent link: https://www.econbiz.de/10013227237
The law forbids discrimination. But the ambiguity of human decision-making often makes it extraordinarily hard for the legal system to know whether anyone has actually discriminated. To understand how algorithms affect discrimination, we must therefore also understand how they affect the problem...
Persistent link: https://www.econbiz.de/10012893120
A new algorithm for the group minimization problem (GP) is proposed. The algorithm can be broadly described as follows …-known algorithm of Glover, and checked for non-negativity. The first non-negative point is an optimal solution of (GP). Advantages and … disadvantages of the algorithm are discussed; in particular, the implementation of the algorithm (which can be easily extended so as …
Persistent link: https://www.econbiz.de/10013224215
algorithm herself, her equity preference has no effect on the training procedure. So long as the data, however biased, contain … signal, they will be used and the learning algorithm will be the same. Equity preferences alone provide no reason to alter …
Persistent link: https://www.econbiz.de/10013307510
This paper studies the maturity and stream of payments of sovereign debt. Using Bloomberg bond data for eleven emerging economies, we document that countries react to crises by issuing debt with shortened maturity but back-load payment schedules. To account for this pattern, we develop a...
Persistent link: https://www.econbiz.de/10013028562
structure is relevant in many applications. We develop the theory underlying optimal menus of non-linear schedules and prove …
Persistent link: https://www.econbiz.de/10012759520
We study response behavior of New York City parking-ticket recipients by analyzing administrative data on 6.6 million …
Persistent link: https://www.econbiz.de/10012966587
essentially zero legal enforcement of diplomatic parking violations, allowing us to examine the role of cultural norms alone. This … survey-based indices) have significantly more parking violations, and these differences persist over time. In a second main … significantly more parking violations, providing non-laboratory evidence on sentiment in economic decision-making. Taken together …
Persistent link: https://www.econbiz.de/10012761322
This paper develops a framework for estimating preferences in two-sided matching markets with non-transferable utility … with many-to-one matching. These methods allow me to investigate two issues concerning the centralized market for medical … increasing the number of residents training in rural areas while accounting for general equilibrium effects from the matching …
Persistent link: https://www.econbiz.de/10013039765
This paper studies the determinants of mismatch in educational attainment. Mismatch arises when high ability individuals do not obtain a college degree and/or low ability individuals do. Using data from the NLSY97 survey, the paper estimates a structural model of education choice that matches...
Persistent link: https://www.econbiz.de/10012981104