We discuss computational issues in the sequential probit model that have limited its use in applied research. We estimate parameters of the model by the method of simulated maximum likelihood (SML) and by Bayesian MCMC algorithms. We provide Monte Carlo evidence on the relative performance of...

Bruxelles est confrontée à des défis majeurs en termes de mobilité et de logistique. Les encombrements structurels de, dans et vers Bruxelles constituent un problème quotidien récurrent. Le grand nombre de navetteurs (plus de la moitié des déplacements réalisés en voiture à Bruxelles)...

Background: A pilot research protocol has been adapted from Burkina Faso to Benin – whose results were published in February 2013 in PLoS ONE. The study located in Benin involved six health districts from urban and rural areas covering a population of 1,348,700 inhabitants. The aim was to...

A production function model with efficient bargaining between oligopolistic firms and unions is developed to distinguish between product market power and union power in capturing economic rents. The model is formalised using the generalized Nash bargaining solution, and is empirically tested on...