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This paper explores the potential of using subjective well-being (SWB) data to valueenvironmental attributes. A theoretical framework compares this method, also known as the lifesatisfaction approach, with the standard hedonic pricing approach, identifying their similarities and differences. As...
Persistent link: https://www.econbiz.de/10009465958
Research appears to demonstrate that economic variables are only marginally predictive of levels of social satisfaction …. It was hypothesised that a greater association might be found between satisfaction and equality of income distribution … rather than between satisfaction and size of income. The interrelationship between wealth (GDPpc), equality of income and …
Persistent link: https://www.econbiz.de/10009475682
. Our work suggests replacing“either-or” views of causality with a positive feedback loopconceptualization in which …
Persistent link: https://www.econbiz.de/10009435044
causality and behavior of a system in a common object-oriented analysis model, surety analysts can make the assumptions that …
Persistent link: https://www.econbiz.de/10009436205
nodes representing random variables and directed edges indicating causality between variables. Each node has a probability …
Persistent link: https://www.econbiz.de/10009436882
Predicting human behavior from a small amount of training examples is a challenging machine learning problem. In this thesis, we introduce the principle of maximum causal entropy, a general technique for applying information theory to decision-theoretic, game-theoretic, and control settings...
Persistent link: https://www.econbiz.de/10009441102
The spread of capital markets during the half century to-date is a notable global phenomenon in economic development. Derivative markets spread globally in the last quarter century spreading form just two to some 50 in 2007. But the role of derivative markets to economic development has yet been...
Persistent link: https://www.econbiz.de/10009441773
different countries within the Asian region using the Granger causality. The empirical evidence, in this paper, does not find …
Persistent link: https://www.econbiz.de/10009441798
preferences. This would suggest that more attention should be paid to the directionof causality in markets when undertaking formal …
Persistent link: https://www.econbiz.de/10009444647
properties of the series and error-correction terms were considered to test for the direction of Granger causality ….The short-run analysis, provide support for causality running from CO2 emissions growth to output growth, both in the short …-run.In addition, the results show strong evidence of causality running from output growth to energy consumption in the short-run and …
Persistent link: https://www.econbiz.de/10009444799