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Using a theoretical model where students care about achievement rank, I study effort choices in the classroom and show that rank concerns generate peer effects. The model's key empirical prediction is that the effect on own achievement of increasing the dispersion in peer cost of effort is...
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stated-preference data on vehicle choice from a Germany-wide survey of potential light-duty-vehicle buyers using computer …-assisted personal interviewing. We show that Bayesian estimation of a multinomial probit model with a full covariance matrix is feasible … representing an average of the current vehicle choice situation in Germany. Consumer response to qualitative changes in the base …
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smoothing and deterministic trend models) in forecasting new passenger car registrations in Germany are presented. It is found … to calculate pooled forecasts for Germany. In general, no increase in forecast accuracy was achieved by means of pooling …
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