Showing 51 - 60 of 19,157
This paper examines the determinants of hospital stay intensity, the decision to seek hospital care as a public or private patient and the decision to purchase private hospital insurance. We describe a theoretical model to motivate the simultaneous nature of these decisions. For the empirical...
Persistent link: https://www.econbiz.de/10009322607
Persistent link: https://www.econbiz.de/10009327604
In order to control for censoring and the integer nature of trip demand, the use of count ata models in travel cost analysis is attractive. Two such models, the Poisson and negative binomial, are discussed. Robust estimation techniques that loosen potentially stringent distributional assumptions...
Persistent link: https://www.econbiz.de/10008646788
The paper develops a theoretical foundation for using count data models in travel cost analysis. Two micro models are developed: a restricted choice model and a repeated discrete choice model. We show that both models lead to identical welfare measures.
Persistent link: https://www.econbiz.de/10008646846
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We discuss the modeling of count data whose empirical distribution is both multi-modal and over-dispersed, and propose the Hermite distribution with covariates introduced through the conditional mean. The model is readily estimated by maximum likelihood, and nests the Poisson model as a special...
Persistent link: https://www.econbiz.de/10008692041
In this paper we propose an estimator for models in which an endogenous dichotomous treatment affects a count outcome in the presence of either sample selection or endogenous participation using maximum simulated likelihood. We allow for the treatment to have an effect on both the sample...
Persistent link: https://www.econbiz.de/10008764582
This article considers modeling response bias when the response is a count. The authors adopt a “structural approach†by using a generalized negative binomial mixture of Poisson distribution to model misreported counts, assuming that the distribution of the true response follows a...
Persistent link: https://www.econbiz.de/10010789569
This paper develops a Bayesian spike and slab model for zero-inflated count models which are commonly used in health economics. We account for model uncertainty and allow for model averaging in situations with many potential regressors. The proposed techniques are applied to a German data set...
Persistent link: https://www.econbiz.de/10010698288
In this paper we investigate the pattern of R&D efficiency in terms of the number of product innovations achieved by firms over time. Embodied in the R&D capital stock, we distinguish among physical R&D capital and human R&D capital, and allow the latter to be subject to dynamic returns along...
Persistent link: https://www.econbiz.de/10010765849