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We consider a method for extending instrumental variables methods in order to estimate the overall effect of a treatment or exposure. The approach is designed for settings in which the instrument influences both the treatment of interest and a secondary treatment also influenced by the primary...
Persistent link: https://www.econbiz.de/10005246590
This paper examines experiments on interdependent security prisoner's dilemma games with repeated play. By utilizing a Bayesian hierarchical model, we examine how subjects make investment decisions as a function of their previous experience and their treatment condition. Our main findings are...
Persistent link: https://www.econbiz.de/10005779053
This paper compares the behavior of individuals playing a classic two-person deterministic prisoner's dilemma (PD) game with choice data obtained from repeated interdependent security prisoner's dilemma games with varying probabilities of loss and the ability to learn (or not learn) about the...
Persistent link: https://www.econbiz.de/10005108380
To date, the factors which lead to the very large home court advantage characteristic of the NBA have not yet been well isolated. This study analyzes the relationship between that home court advantage and the comparatively fewer days of rest between games that the NBA schedule imposes on...
Persistent link: https://www.econbiz.de/10005459200
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A commonly used method for evaluating a hospital’s performance on an outcome is to compare the hospital’s observed outcome rate to the hospital’s expected outcome rate given its patient (case) mix and service. The process of calculating the hospital’s expected outcome rate given its...
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This paper describes a new approach to time series modeling that combines subject-matter knowledge of the system dynamics with statistical techniques in time series analysis and regression. Applications to American option pricing and the Canadian lynx data are given to illustrate this approach.
Persistent link: https://www.econbiz.de/10005083932