This paper focuses on the predictive validity of the upper secondary grade point average (GPA), when used as selection … university between the years 1993 to 1996. The predictive validity is studied by correlating the GPA from upper secondary school …

Validity in contingent valuation (CV) is often tested through the sensitivity of estimated willingness to pay (WTP) to …-of-hospital cardiac arrest. Our results do not support the prediction of expected utility theory, i.e. that WTP for a mortality risk …

Discrete-choice experiments, while becoming increasingly popular, have rarely been tested for validity and reliability … differ between experiments, they tend to vary in similar ways, suggesting at least theoretical validity and reliability. …

, its external validity in the health care domain has not been investigated until now. This paper examines the external … validity of DCE concerning the reduction of a health risk. Convergent validity is examined by comparing the value of a … statistical life with other preference elicitation techniques, such as revealed preference. Criterion validity is shown by …

relating the discriminatory power of a credit scoring model to the optimal credit decision. Given the Receiver Operating …

of prediction using big data. In this paper, our over-arching question is whether such big data are useful for modelling … benchmark econometric models; and all used in the prediction of 11 key macroeconomic variables relevant for monetary policy …, SPCA yields MSFE-best prediction models in many cases, particularly when coupled with shrinkage. This result provides …