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results of such tests. In some cases, with appropriate knowledge of the corruption mechanism, the true values of the …
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The ability to predict corruption is crucial to policy. Using rich micro-data from Brazil, we show that multiple … machine learning models display high levels of performance in predicting municipality-level corruption in public spending. We … predictors of corruption, while public sector and political features play a secondary role. Our findings have implications for …
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algorithms and, importantly, the basic structures of decision theory that it embeds. To make a problem amenable to algorithmic … application. We use decision theory, including behavioural economics, to highlight the choices embedded within this problem space … lockstep advancement in awareness and application of decision theory. Such awareness may help to mitigate some of the …
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We develop a panel data count model combined with a latent Gaussian spatio-temporal heterogenous state process to analyze monthly severe crimes at the census tract level in Pittsburgh, Pennsylvania. Our data set combines Uniform Crime Reporting data with socio-economic data from the 2000 census....
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Citizens may engage in crime, depending on the probability of being searched and their types such as legal earning opportunities. Police observes information about citizens' types and allocates search efforts to catch citizens who commit crimes. I show that the police who has full information...
Persistent link: https://www.econbiz.de/10014076370
Models with heterogeneous interacting agents explain macro phenomena through interactions at the micro level. We propose genetic algorithms as a model for individual expectations to explain aggregate market phenomena. The model explains all stylized facts observed in aggregate price fluctuations...
Persistent link: https://www.econbiz.de/10003777257
We present new evidence on the relationship between health behaviors and experimental measures of risk and time preferences and introduce evidence that perceived control - a measure incorporated from the health psychology literature - is a stronger and more consistent predictor of health...
Persistent link: https://www.econbiz.de/10009681237