We propose a new metric for evaluating the informativeness of a set of ratings from a single rater on a given scale. Such evaluations are of interest when raters rate numerous comparable items on the same scale, as occurs in hiring, college admissions, and peer review. Our exposition takes the...

Based on observations <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$X_1,\dots ,X_n$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <mrow> <msub> <mrow> <mi>X</mi> </mrow> <mrow> <mn>1</mn> </mrow> </msub> <mo>,</mo> <mo stretchy="false">…</mo> <mo>,</mo> <msub> <mrow> <mi>X</mi> </mrow> <mrow> <mi>n</mi> </mrow> </msub> </mrow> </math> </EquationSource> </InlineEquation> of successive generations of a discrete-parameter Galton–Watson branching process, one wishes to predict whether extinction or explosion will ultimately occur. This problem can be formulated as a simple...</equationsource></equationsource></inlineequation>

The theory of multiproduct pricing is well developed in stylized models, although a unified theory has yet to be developed. As such, empirical analyses are rarely guided by strong theoretical hypotheses and are therefore scarce. This paper analyzes the interactions of ticket, parking, and...

This paper descriptively assesses the discipline of physicians by state medical boards, drawing on an extensive nationwide database of sanctions delivered during the period 1994-2002. We identify the frequency and severity of disciplinary actions, the offenses leading to actions, and the degree...

Many real-life situations require a set of items to be repeatedly placed in a random sequence. In such circumstances, it is often desirable to test whether such randomization indeed obtains, yet this problem has received very limited attention in the literature. This paper articulates the key...

The expected penalty for drunk driving can and does vary by blood alcohol content. This paper outlines the quot;penalty structurequot; that does this optimally, using two different metrics, shows how the optimality conditions can be implemented with available data to analyze policy ex ante or ex...

This paper examines how grade incentives affect student learning across a variety of courses at two universities, using for identification the discrete rewards offered by the standard A-F letter grade system. We develop five predictions about effort provision in the presence of the thresholds...

This paper replicates Gruber, Kim, and Mayzlin's (1999) analysis of the effect of physician financial incentives on cesarean delivery rates, using their data, sample selection criteria, and specification. It cannot replicate the results: there are substantial differences in the sample size, the...