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Service systems' behavior can be affected by multiple factors. In the case of intensive care units (ICUs), which admit patients from four primary loci (the emergency department (ED), scheduled patients, planned transfers from other ICUs, and unplanned transfers), it is known that admission rates...
Persistent link: https://www.econbiz.de/10012838263
Following the work by White (1980ab; 1982) it is common in empirical work in economics to report standard errors that are robust against general misspecification. In a regression setting these standard errors are valid for the parameter that in the population minimizes the squared difference between...
Persistent link: https://www.econbiz.de/10012461216
Following the work by White (1980ab; 1982) it is common in empirical work in economics to report standard errors that are robust against general misspecification. In a regression setting these standard errors are valid for the parameter that in the population minimizes the squared difference between...
Persistent link: https://www.econbiz.de/10013120210
Random coefficient multinomial logit models (Berry et al. 1995) are widely used to estimate customer preferences from sales data. However, these estimation models can only allow for products with positive sales; this selection leads to highly biased estimates in long tail markets--i.e., markets...
Persistent link: https://www.econbiz.de/10013245988