In this paper we present a mechanism to elicit and aggregate dispersed information. Our mechanism relies on the aggregation of intervals elicited using an interval scoring rule. We test our mechanism by eliciting beliefs about the termination times of a stochastic process in an experimental...

We extend the repeated observations forecasting ROF analysis of Croushore and Stark 2002 to allow for regressors of possibly higher sampling frequencies than the regressand. For the U.S. GNP quarterly growth rate, we compare the forecasting performances of an AR model with several...

We study hypotheses testing in the presence of a possibly singular covariance matrix. We propose an alternative way to handle possible non-regularity in a covariance matrix of a Wald test, using the identity matrix as the weighting matrix when calculating the quadratic form. The resulting test...

A fundamental question is how to detect likely successful anticancer treatments based on nanotechnology. We confront this question here by analysing the trajectories of nanotechnologies applied to path-breaking cancer treatments, which endeavour to pinpoint ground-breaking and fruitful...

In this paper we consider several modified wild bootstrap methods that, additionally to heteroskedasticity, can take dependence into account. The modified wild bootstrap methods are shown to correctly replicate an invariance principle for multivariate time series that are characterized by...

This paper examines occupational choices using a discrete choice model that accounts for the fact that self-reported occupation data is measured with error. Despite evidence from validation studies which suggests that there is a substantial amount of measurement error in self-reported...

The paper relates virtual dialogues about social simulation, with the implicit reference to Galieo\'s \'dialogues concerning two new sciences\'.

Experimental economics is the newest tool available to improve the research of economists. The first chapter reviews the methods that experimentation employs. The review is important for understanding the construction and running of experiments as well as the criticisms. The second chapter...