Search Results - subject:"Probability weighting"

Decomposing differences in arithmetic means: A doubly-robust estimation approach

Kaiser, Boris - 2013

When decomposing differences in average economic outcome between two groups of individuals, it is common practice to base the analysis on logarithms if the dependent variable is nonnegative. This paper argues that this approach raises a number of undesired statistical and conceptual issues...

Persistent link: https://www.econbiz.de/10010427103

A Marginal Structural Modeling Approach with Super Learning for a Study on Oral Bisphosphonate Therapy and Atrial Fibrillation

Neugebauer, Romain; Chandra, Malini; Paredes, Antonio; … - In: Journal of Causal Inference 1 (2013) 1, pp. 21-50

to specifically address these challenges with marginal structural modeling based on inverse probability weighting with …-dependent confounding and selection bias based on the ad hoc inverse probability weighting approach described in this report may provide a …

Persistent link: https://www.econbiz.de/10014610784

GMM Efficiency and IPW Estimation for Nonsmooth Functions

Bartalotti, Otávio - Department of Economics, Tulane University - 2013

In a GMM setting this paper analyzes the problem in which we have two sets of moment conditions, where two sets of parameters enter into one set of moment conditions, while only one set of parameters enters into the other, extending Prokhorov and Schmidt's (2009) redundancy results to nonsmooth...

Persistent link: https://www.econbiz.de/10011094583

A non-zero dispersion leads to the non-zero bias of mean

Harin, Alexander - Volkswirtschaftliche Fakultät, … - 2013

A theorem of existence of the non-zero restrictions for the mean of a function on a finite numerical segment at a non-zero dispersion of the function is proved. The theorem has an applied character. It is aimed to be used in the probability theory and statistics and further in economics. Its...

Persistent link: https://www.econbiz.de/10011113980

Causal Effects on Employment after First Birth: A Dynamic Treatment Approach

Fitzenberger, Bernd; Sommerfeld, Katrin; Steffes, Susanne - Forschungsbasierte Infrastruktureinrichtung … - 2013

The effects of childbirth on future labor market outcomes are a key issue for policy discussion. This paper implements a dynamic treatment approach to estimate the effect of having the first child now versus later on future employment for the case of Germany, a country with a long maternity...

Persistent link: https://www.econbiz.de/10010818232

Nonparametric Estimation of Cumulative Incidence Functions for Competing Risks Data with Missing Cause of Failure

Effraimidis, Georgios; Dahl, Christian M. - School of Economics and Management, University of Aarhus - 2013

In this paper, we develop a fully nonparametric approach for the estimation of the cumulative incidence function with Missing At Random right-censored competing risks data. We obtain results on the pointwise asymptotic normality as well as the uniform convergence rate of the proposed...

Persistent link: https://www.econbiz.de/10010851273

Separating attitudes towards money from attitudes towards probabilities: Stake effects and ambiguity as a test for prospect theory

Vieider, Ferdinand M.; Cingl, Lubomír; Martinsson, Peter; … - Nachwuchsgruppe "Risiko und Entwicklung", … - 2013

value function; and attitudes towards probabilities, captured in a probability weighting function. However, while it is … experiments. In the first experiment, we elicit the value and probability weighting functions both under known and unknown … affects probability weighting. More in general, this finding supports theories that represent ambiguity attitudes through …

Persistent link: https://www.econbiz.de/10010982048

Causal effects on employment after first birth: A dynamic treatment approach

Fitzenberger, Bernd; Sommerfeld, Katrin; Steffes, Susanne - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

Persistent link: https://www.econbiz.de/10010957724

Nonparametric Estimation of Cumulative Incidence Functions for Competing Risks Data with Missing Cause of Failure

Effraimidis, Georgios; Dahl, Christian M. - Institut for Virksomhedsledelse og Økonomi, Syddansk … - 2013

Persistent link: https://www.econbiz.de/10010722794

Measuring Time and Risk Preferences: Realiability, Stability, Domain Specificity

Wölbert, Eva; Riedl, Arno - CESifo - 2013

reliability of two choice tasks for eliciting discount rates, risk aversion, and probability weighting and assess the stability of …

Persistent link: https://www.econbiz.de/10010681226