Showing 71 - 80 of 1,438
We study the diffusion of policy by examining how the policy opinions of Americans are influenced by the policy choices of foreign governments. Using survey experiments, we find limited evidence that foreign governments' policy choices influence American public opinion. Our results show that...
Persistent link: https://www.econbiz.de/10014186365
This study uses the methods of experimental economics to investigate possible causes for the failure of the Hotelling rule for nonrenewable resources. We argue that as long as resource stocks are high enough, producers may choose to (partially) ignore the dynamic component of their production...
Persistent link: https://www.econbiz.de/10014186740
This paper develops a general theoretical model for the measurement of strategic performance. The concepts are universal and, by applying the methodology through specific quantitative analytic methods, measurable for all forms of strategic activity. The model distinguishes three aspects of...
Persistent link: https://www.econbiz.de/10014041659
We analyse behavior in lottery choice problems that assign payoffs to the decision maker and one other subject. Lotteries are based on randomly generated 2x2 games where the column player’s choice is replaced by a draw from an urn. We find that the vast majority of subjects displays behavior...
Persistent link: https://www.econbiz.de/10014044807
In this paper we give an overview of algorithms developed to aid catalyst optimization at the Mexican Institute of Petroleum. We present a methodology that uses an evolutionary approach and ideas from tabu search and simulated annealing to guide the search for optimum catalytic materials based...
Persistent link: https://www.econbiz.de/10014047005
We present experimental results from a series of sessions organized using the Power Market simulator; a software designed to realistically replicate the Spanish Electricity Market. In the experiments reported here we compare the status quo to two alternative treatments which represent...
Persistent link: https://www.econbiz.de/10014048243
This paper undertakes a study about the "zero" option in conjoint analysis. The "zero" option relates to the no choice of products presented to individuals within the frame of a survey. This no choice embeds two distinct concepts, the refusal and the conflict. The first represents the...
Persistent link: https://www.econbiz.de/10014195768
This appendix to the paper “Belief elicitation in experiments: Is there a hedging problem?” (http://ssrn.com/abstract=1557803) reports further details of procedures and results, in particular for treatments that are only briefly summarized in the paper. Furthermore, we document in detail...
Persistent link: https://www.econbiz.de/10014197658
The neoclassical price adjustment equation stipulates that prices move toward equilibrium at rate that is proportional to the excess demand, i.e., the difference between the demand and supply divided by the demand (at that price). However, the demand and supply are generally nonlinear functions...
Persistent link: https://www.econbiz.de/10014204375
In health economic studies that use observational data, a key concern is how to adjust for imbalances in baseline covariates due to the non-random assignment of the programs under evaluation. Traditional methods of covariate adjustment such as regression and propensity score matching are model...
Persistent link: https://www.econbiz.de/10014212888