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Models of household vehicle ownership decisions do not suffice as a basis for forecasting the size and composition of aggregate vehicle holdings. Forecasting applications require that such models be imbedded in systems describing the operation of the automobile market. This paper presents a new...
Persistent link: https://www.econbiz.de/10005279895
This paper explores how private and social incentives for fertility may have combined to produce the complex fertility pattern observed in Israel in the past half-century. Fertility has declined within some ethnic-religious groups, moderately increased in others, and parts of the ultra-Orthodox...
Persistent link: https://www.econbiz.de/10005549629
Government agencies often offer services or subsidies for which the demand is unknown. This paper treats the problem faced by such an agency when it must select a price-subsidy level so as to meet a budget constraint. It investigates the properties of the "zero-elasticity" pricing rule in which...
Persistent link: https://www.econbiz.de/10005551084
Economics is broadening its scope from analysis of markets to study of general social interactions. Developments in game theory, the economics of the family, and endogenous growth theory have led the way. Economists have also performed new empirical research using observational data on social...
Persistent link: https://www.econbiz.de/10005560790
Persistent link: https://www.econbiz.de/10005228918
We study the problem of identification of the long regression E(y|x,z) when the short conditional distributions P(y|x) and P(z|x) are known but the long conditional distribution P(y|x,z) is not known. This problem often arises when a researcher utilizes data from two separate data sets. (A...
Persistent link: https://www.econbiz.de/10005231129
An important objective of empirical research on treatment response is to provide decision makers with information useful in choosing treatments. This paper studies minimax-regret treatment choice using the sample data generated by a classical randomized experiment. Consider a utilitarian social...
Persistent link: https://www.econbiz.de/10005231486
Persistent link: https://www.econbiz.de/10005231551
This paper investigates what may be learned about treatment response when it is assumed that response functions are monotone, semimonotone, or concave-monotone. Nothing is assumed about the process of treatment selection and cross-individual restrictions on response are not imposed. The idea is...
Persistent link: https://www.econbiz.de/10005231598
This paper examines inference on regressions when interval data are available on one variable, the other variables being measured precisely. Let a population be characterized by a distribution "P"("y", "x", "v", "v"-sub-0, "v"-sub-1), where "y" is an element of "R"-super-1, "x" is an element of...
Persistent link: https://www.econbiz.de/10005231801