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In this paper we propose Bayesian and frequentist approaches to ecological inference, based on RxC contingency tables, including a covariate. The proposed Bayesian model extends the binomial-beta hierarchical model developed by King, Rosen and Tanner (1999) from the 2x2 case to the RxC case. As...
Persistent link: https://www.econbiz.de/10012773028
The authors develop binomial-beta hierarchical models for ecological inference using insights from the literature on hierarchical models based on Markov chain Monte Carlo algorithms and King's ecological inference model. The new approach reveals some features of the data that King's approach...
Persistent link: https://www.econbiz.de/10014221018
The authors develop binomial-beta hierarchical models for ecological inference using insights from the literature on hierarchical models based on Markov chain Monte Carlo algorithms and King's ecological inference model. The new approach reveals some features of the data that King's approach...
Persistent link: https://www.econbiz.de/10011166227
This paper analyzes board independence and competence as distinct, but inextricably linked aspects of board effectiveness. Competent directors add shareholder value because they have better information about the quality of projects. While a CEO cares about shareholder value, he also wants his...
Persistent link: https://www.econbiz.de/10003550804
Competent public agencies are associated with better economic outcomes. Beyond competence, political leaders need to secure the loyalty of their agencies. Unfortunately, several theories predict a tradeoff between these two valued features. This paper finds that recruitment into agencies is...
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