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We use MPC voting records to predict changes in the volume of asset purchases. We find, first, that minority voting favoring an increase in the volume of asset purchases raises the probability of an actual increase at the next meeting. Second, minority voting supporting a higher Bank Rate...
Persistent link: https://www.econbiz.de/10009723164
We use MPC voting records to predict changes in the volume of asset purchases. We find, first, that minority voting favoring an increase in the volume of asset purchases raises the probability of an actual increase at the next meeting. Second, minority voting supporting a higher Bank Rate...
Persistent link: https://www.econbiz.de/10013084342
Previous experiments have explored the effects of gender and cognitive reflection on dishonesty separately. To the best of our knowledge, no studies have investigated potential interactions between these two factors. Exploring this interaction is important because previous work found that males...
Persistent link: https://www.econbiz.de/10012918518
Power index research has been a very active field over the past few decades. Will this continue or have all important questions been solved? We argue that there are still many opportunities to conduct useful research with and on power indices. Positive and normative questions remain, calling for...
Persistent link: https://www.econbiz.de/10013033627
We describe a new mechanism that induces accurate forecasts within an organization while reducing moral hazards and the stigma associated with negative opinions. It is based on the notion of identity escrow, whereby the identity of a forecaster is kept anonymous and only revealed when a number...
Persistent link: https://www.econbiz.de/10014106789
Having information about an uncertain event is crucial for informed decision-making. This paper introduces a simple framework in which 1) a principal uses the reported beliefs of multiple agents to make a decision and 2) the agents reporting a belief are affected by the decision. Naturally, the...
Persistent link: https://www.econbiz.de/10014345600
Building predictive models for genomic mining requires feature selection, as an essential preliminary step to reduce the large number of variable available. Feature selection is a process to select a subset of features which is the most essential for the intended tasks such as classification,...
Persistent link: https://www.econbiz.de/10010326099
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