Information rent (IR) is an important concept that represents the gain of a bidder in a standard independent private value auction. The IR can be calculated from the bidder valuation distribution. In particular, when two valuation distributions are comparable in the excess wealth order, it is...

Greenhouse gas emissions caused by urban residents' energy consumption arise from the 1) transportation and 2) housing sectors. This energy consumption depends on the population distribution of the city. This study quantitatively examines the effectiveness of congestion tolls, carbon tax, and...

This study develops a simple distribution-free test of monotonicity of conditional expectations. The test is based solely on ordinary least squares (OLS) and exploits the property between conditional expectation and projection; we prove that the monotonicity of a conditional expectation function...

This article investigates the nexus between suicide and socio-economic factors in Japan using municipality-level data using Poisson-based regression methods. We demonstrate the advantage of this method over the OLS approach and show that our method yields reasonable results compared to OLS. Our...