Showing 101 - 110 of 42,503
In many stated preference settings stakeholders will be uncertain as to their exact willingness-to-pay for a proposed environmental amenity. To accommodate this possibility analysts have designed elicitation formats with multiple bids and response options that allow for the expression of...
Persistent link: https://www.econbiz.de/10008516758
This paper examines whether patenting increases the private incentives to innovate in manufacturing. To study this issue, we build a model in which the value of an innovation depends both on the type of innovation implemented (product, process) and on the existence of a patent protection or not....
Persistent link: https://www.econbiz.de/10005696856
analysis. A simulation from the design of the data provides reassurance of the reliability of the proce …
Persistent link: https://www.econbiz.de/10005702572
Markov decision processes. The resulting multivariate probit models are estimated using Markov Chain Monte Carlo techniques. …
Persistent link: https://www.econbiz.de/10005703367
We analyze the effect of land reform legislation on labor market dynamics in the Romanian economy. We show that the agricultural sector, a source of precarious employment, has become an absorbing state for certain categories of workers who lost their jobs in the nonagricultural sector. A random...
Persistent link: https://www.econbiz.de/10005703700
This paper examines whether patenting increases the private incentives to innovate in manufacturing. To study this issue, we build a model in which the value of an innovation depends both on the type of innovation implemented (product, process) and on the existence of a patent protection or not....
Persistent link: https://www.econbiz.de/10005118819
There are different views on the specifications of market share models between economists and marketing researchers …. The paper made a multi-criteria comparison between the two well-known demand system models, the AIDS and Translog model … that are subject to the symmetry and homogeneity restrictions, and the two-market response models in which the symmetry and …
Persistent link: https://www.econbiz.de/10005130167
Recent work on spatial models of commercial fishing has provided insights into how spatial regulatory policies (i … models depict fishermen as if they are ignoring how a location choice on the first day of a cruise may have potentially … conventionally used in static models but is entrenched in the principals of dynamic optimization (BellmanÕs principle). Using Monte …
Persistent link: https://www.econbiz.de/10005168573
most prevalent structures to account for intertemporal correlations in limited dependent variable models. An example from … models - and a broader class formulated in the framework of nonlinear state space models - hampers their widespread use. This … models and suggests that a straightforward algorithm based on sequential Gaussian quadrature can be expected to perform well …
Persistent link: https://www.econbiz.de/10005187304
Households' choice of the number of leisure trips and the total number of overnight stays is empirically studied using Swedish tourism data. A bivariate hurdle approach separating the participation (to travel and stay the night or not) from the quantity (the number of trips and nights) decision...
Persistent link: https://www.econbiz.de/10005198008