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This paper proposes networks as a form of selection bias that can be potentially corrected through a two-step Heckit …
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mechanism may differ among the levels of nonresponse, and merging the levels of nonresponse may cause bias in the results of the …
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. This may lead to exaggerated conservatism in the voting decision (status quo bias). To investigate how complexity affects …
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Analysis of an original nationwide Internet survey reveals that health-related behavior shows associations with three … aspects of time discounting: (i) impatience, measured by the overall discount rate; (ii) present bias, measured by the degree … are indicative of being a time-inconsistent procrastinator, and classified as sophisticated otherwise. The health …
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This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data models with unobserved endogenous state variables. The new approach can easily deal with the commonly encountered and widely discussed "initial conditions problem," as well as the...
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