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it results in the last observation in situations with no structural breaks. The consistency of the change point estimator …
Persistent link: https://www.econbiz.de/10011709583
time series. We derive its consistency for both local constant and local linear estimators using a derived optimal …
Persistent link: https://www.econbiz.de/10010310796
In this article, consistency and asymptotic normality of the quasi-maximum likelihood estimator (QMLE) in the class of …
Persistent link: https://www.econbiz.de/10010312004
: the consistency of choices in stated and revealed preference tasks. We show that both kinds of task can produce consistent …
Persistent link: https://www.econbiz.de/10010315548
In their paper, Davies and Gather (1993) formalized the task of outlier identification, considering also certain performance criteria for outlier identifiers. One of those Criteria, the maximum asymptotic bias, is carried over here to multivariate outlier identifiers. We show how this term...
Persistent link: https://www.econbiz.de/10010316592
Conditions for the consistency of the estimator s2 of the variance of the disturbance a2u under first-order spatial …
Persistent link: https://www.econbiz.de/10010316704
policy mix, including the consistency of its elements and the coherence of its processes. Throughout the paper, we illustrate …
Persistent link: https://www.econbiz.de/10010317261
In this paper we develop tests for whether play in a game is consistent with equilibrium behavior when preferences are unobserved. We provide necessary and sufficient conditions for observed outcomes in extensive game forms to be rationalized first, partially, as a Nash equilibrium and then,...
Persistent link: https://www.econbiz.de/10010318885
-person games, and versions of average consistency and its converse for multilateral settings. …
Persistent link: https://www.econbiz.de/10010318958
Norde et al. [Games Econ. Behav. 12 (1996) 219] proved that none of the equilibrium concepts in the literature on equilibrium selection in finite strategic games satisfying existence is consistent. A transition to set-valued solution concepts overcomes the inconsistency problem: there is a...
Persistent link: https://www.econbiz.de/10010281334