Showing 1 - 10 of 197
This paper reports experiments designed to help resolve longstanding controversies about the comparison of voting rules for multi-candidate elections. By paying subjects conditionally on election outcomes, we create electorates with (publically) known preferences. Each electorate then votes,...
Persistent link: https://www.econbiz.de/10012235742
Do polls simply measure intended voter behavior or can they affect it and, thus, change election outcomes? Do candidate ballot positions or the results of previous elections affect voter behavior? We conduct several series of experimental, three-candidate elections and use the data to provide...
Persistent link: https://www.econbiz.de/10012235777
Persistent link: https://www.econbiz.de/10000996286
This paper presents a simple non-asymptotic method for carrying out inference in IV models. The method is a non-Studentized version of the Anderson-Rubin test but is motivated and analyzed differently. In contrast to the conventional Anderson-Rubin test, the method proposed here does not require...
Persistent link: https://www.econbiz.de/10011758349
This paper presents a simple method for carrying out inference in a wide variety of possibly nonlinear IV models under weak assumptions. The method is non-asymptotic in the sense that it provides a finite sample bound on the difference between the true and nominal probabilities of rejecting a...
Persistent link: https://www.econbiz.de/10011901474
The bootstrap is a method for estimating the distribution of an estimator or test statistic by resampling one's data or a model estimated from the data. Under conditions that hold in a wide variety of econometric applications, the bootstrap provides approximations to distributions of statistics,...
Persistent link: https://www.econbiz.de/10011901480
Persistent link: https://www.econbiz.de/10009580798
Economic theory often provides shape restrictions on functions of interest in applications, such as monotonicity, convexity, non-increasing (non-decreasing) returns to scale, or the Slutsky inequality of consumer theory; but economic theory does not provide finite-dimensional parametric models....
Persistent link: https://www.econbiz.de/10011594339
This paper is concerned with developing uniform confidence bands for functions estimated nonparametrically with instrumental variables. We show that a sieve nonparametric instrumental variables estimator is pointwise asymptotically normally mental variables estimator is pointwise asymptotically...
Persistent link: https://www.econbiz.de/10010292807
Much empirical research is concerned with estimating conditional mean, median, or hazard functions. For example, labor economists are interested in estimating the mean wages of employed individuals conditional on characteristics such as years of work experience and education. The most frequently...
Persistent link: https://www.econbiz.de/10010296413