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effect on the earnings of an individual from participation in education. Moreover, the size of the effect seems large …
Persistent link: https://www.econbiz.de/10009475659
This article investigates the relationship between optimal gear selectivity and effort cost in the fishing industry. We … first show that optimal selectivity depends negatively on the level of effort cost, but that this relationship is not … continuous. Optimal selectivity switches when real effort cost goes beyond a certain level, and this switch induces a non …
Persistent link: https://www.econbiz.de/10009443711
This study examines the influence of institutional selectivity on alumni giving among public research universities … possible endogeneity and omitted variable biases, as well as determine conditional convergence or divergence of the values of … indicate that a statistically significant relationship exists between student selectivity and alumni giving. However, the …
Persistent link: https://www.econbiz.de/10009450702
In this paper, we develop an empirical test of consistency in contingent willingness topay (WTP) responses, which is based on the following a priori expectation. In economics,when an individual considers paying for public goods, his decision to pay, and his WTP arebased on utility-maximising...
Persistent link: https://www.econbiz.de/10009442761
The Neoclassical theory of production establishes a dual relationship between the profit value function of a competitive firm and its underlying production technology. This relationship, usually referred to as the duality theory, has been widely used in empirical work to estimate production...
Persistent link: https://www.econbiz.de/10009444351
function approach to deal with endogeneity of subsidized fertilizer in a commercial fertilizer demand equation. Our results …
Persistent link: https://www.econbiz.de/10009444833
recreation sites. Although some kinds of endogeneity problems have been studied in previous literature, no study has addressed … recreation site improvements are more likely to occur at the more popular sites, then this economic endogeneity might cause … under what situations this economic endogeneity will lead to statistical endogeneity. …
Persistent link: https://www.econbiz.de/10009446505
We use instrumental variables methods to disentangle the effect of founder–CEOs on performance from the effect of performance on founder–CEO status. Our instruments for founder–CEO status are the proportion of the firm's founders that are dead and the number of people who founded the...
Persistent link: https://www.econbiz.de/10009448159
longitudinal and national, include worker and firm information, and provide information that helps deal with endogeneity between …
Persistent link: https://www.econbiz.de/10009466177
bonus payments, where both departments receive a fraction of the total revenues generated as a bonus payment. In the second … empirical study with an emphasis on the endogeneity problem, which arises as a result of the simultaneous determination of … supply and demand. We show that if one does not account for endogeneity, price elasticities may induce an upward …
Persistent link: https://www.econbiz.de/10009475738