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The mixture likelihood approach to clustering is most often used with two-mode two-way data to cluster one of the modes … measured on entities in different situations), an analogous procedure is needed to enable the clustering of the entities (i … situations). In this paper, it is shown that the finite mixture approach to clustering can be extended to analyze three …
Persistent link: https://www.econbiz.de/10010794931
This study compares the effectiveness of statistical model-based (MB) clustering methods with that of more commonly … a regression form the basis of segments, and bicriterion clustering problems, which arise when managers wish to form …
Persistent link: https://www.econbiz.de/10008587199
It has been recently argued that the informal sector of the labor market in a developing economy shows a dual structure with one part of it being competitive to the formal sector and another part being the result of market segmentation. To test this hypothesis we formulate an econometric model...
Persistent link: https://www.econbiz.de/10010296549
Theoretical considerations suggest that nonlinear health care price schedules have heterogeneous effects on health care demand. In this paper, we develop and apply a finite mixture bivariate probit model to analyze whether there are heterogeneous reactions to the introduction of a nonlinear...
Persistent link: https://www.econbiz.de/10010328783
Persistent link: https://www.econbiz.de/10011599652
Persistence of high youth unemployment and dismal labour market outcomes are imminent concerns for most European economies. The relationship between demographic ageing and employment outcomes is even more worrying once the relationship is scrutinized at the regional level. We focus on modelling...
Persistent link: https://www.econbiz.de/10011653462
There is vast heterogeneity in the human willingness to weigh others' interests in decision making. This heterogeneity concerns the motivational intricacies as well as the strength of other-regarding behaviors, and raises the question how one can parsimoniously model and characterize...
Persistent link: https://www.econbiz.de/10011969209
We report the findings of experiments designed to study how people learn in network games. Network games offer new opportunities to identify learning rules, since on networks (compared to, e.g., random matching) more rules differ in terms of their information requirements. Our experimental...
Persistent link: https://www.econbiz.de/10011995513
In this paper we study the latent demand structure for food diversity in India using data from the 2012 Consumer Expenditure Survey. We assume that consumers who have not yet attained calorie sufficiency favor calories over food diversity and once passing a threshold of subsistence substitute...
Persistent link: https://www.econbiz.de/10011848715
There is vast heterogeneity in the human willingness to weigh others' interests in decision making. This heterogeneity concerns the motivational intricacies as well as the strength of other-regarding behaviors, and raises the question how one can parsimoniously model and characterize...
Persistent link: https://www.econbiz.de/10011931780