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Department of Economics, Johns Hopkins University
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201
Econometric Models of Asymmetric Ascending Auctions
Hong, Han
;
Shum, Matthew
-
Department of Economics, Johns Hopkins University
-
2001
We develop econometric models of ascending (English) auctions which allow for both bidder asymmetries as well as common and/or private value components in bidders' underlying valuations We show that the equilibrium inverse bid functions in each round of the auction are implicitly defined...
Persistent link: https://www.econbiz.de/10005435027
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202
Estimating a Semi-Parametric Duration Model without Specifying Heterogeneity
Woutersen, Tiemen
;
Hausman, Jerry
-
Department of Economics, Johns Hopkins University
-
2005
This paper presents a new estimator for the mixed proportional hazard model that allows for a nonparametric baseline hazard and time-varying regressors. In particular, this paper allows for discrete measurement of the durations as happens often in practice. The integrated baseline hazard and all...
Persistent link: https://www.econbiz.de/10005435028
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203
Organizational Structure and Perpetual Innovation: A Computational Model of a Retail Chain
Chang, Myong-Hun
;
Jr, Joseph E Harrington
-
Department of Economics, Johns Hopkins University
-
2000
not available
Persistent link: https://www.econbiz.de/10005435030
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204
The Capital-Asset-Pricing Model and Arbitrage Pricing Theory: A Unification
Khan, M Ali
;
Sun, Yeneng
-
Department of Economics, Johns Hopkins University
-
1996
Persistent link: https://www.econbiz.de/10005435031
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205
Welfare Work Requirements with Paternalistic Government Preferences
Moffitt, Robert
-
Department of Economics, Johns Hopkins University
-
2005
Work requirements in means-tested transfer programs have grown in importance in the U.S. and in some other countries. The theoretical literature which considers their possible optimality generally operates within a traditional welfarist framework where some function of the utility of the poor is...
Persistent link: https://www.econbiz.de/10005435032
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206
A New Approach to Modeling Decision-Making under Uncertainty and Defining Subjective Probabilities
Karni, Edi
-
Department of Economics, Johns Hopkins University
-
2005
This paper presents axiomatic models of decision making under uncertainty that avoid the use of a state space. The models are (a) general subjective expected utility theory with action-dependent subjective probabilities and effect-dependent utilities (the cases of effect-independent preferences...
Persistent link: https://www.econbiz.de/10005435033
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207
Detecting Cartels
Joseph E. Harrington, Jr
-
Department of Economics, Johns Hopkins University
-
2005
In reviewing the theoretical and empirical literature on collusion, this paper distills methods for detecting cartels and distinguishing collusion from competition.
Persistent link: https://www.econbiz.de/10005435034
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208
The Role of Non-Financial Factors in Exit and Entry in the TANF Program
Moffitt, Robert
-
Department of Economics, Johns Hopkins University
-
2003
The dramatic decline in the AFDC-TANF caseload in the 1990s has refocused attention on the process of exit from and entry into welfare, a long-standing topic of interest in the research literature on the U.S. welfare system. This paper focuses on the role of non-financial factors in exit and...
Persistent link: https://www.econbiz.de/10005435035
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209
The Murdukovich Normal Cone and the Foundations of Welfare Economics
Khan, M Ali
-
Department of Economics, Johns Hopkins University
-
1998
not available
Persistent link: https://www.econbiz.de/10005435036
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210
Supply Shocks and the Persistence of Inflation
Sommer, Martin
-
Department of Economics, Johns Hopkins University
-
2002
This paper examines the long-run effects of supply shocks (such as oil shocks) on inflation in the United States. The persistence of supply shocks in U.S. inflation fell considerably during the period of Volcker's disinflation (1979-1982). My empirical results suggest that the difference between...
Persistent link: https://www.econbiz.de/10005435037
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