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Researchers have long recognized that the non-random sorting of individuals into groups generates correlation between individual and group attributes that is likely to bias naiuml;ve estimates of both individual and group effects. This paper proposes a non-parametric strategy for identifying...
Persistent link: https://www.econbiz.de/10012780132
Researchers have long recognized that the non-random sorting of individuals into groups generates correlation between individual and group attributes that is likely to bias naïve estimates of both individual and group effects. This paper proposes a non-parametric strategy for identifying these...
Persistent link: https://www.econbiz.de/10012466457
Researchers have long recognized that the non-random sorting of individuals into groups generates correlation between individual and group attributes that is likely to bias naïve estimates of both individual and group effects. This paper proposes a non-parametric strategy for identifying these...
Persistent link: https://www.econbiz.de/10013143705
Persistent link: https://www.econbiz.de/10003899328
Deviations from the center within a robust neighborhood may naturally be considered an infinite dimensional nuisance parameter. Thus, in principle, the semiparametric method may be tried, which is to compute the scores function for the main parameter minus its orthogonal projection on the closed...
Persistent link: https://www.econbiz.de/10009581097
We analyze the impact of an individual's tendency to worry on willingness to pay (WTP) for a protective measure. We report on the results of a controlled experiment with real objects at stake. Worry was measured with the Worry Domains Questionnaire, an instrument determining an individual's...
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