Studies of college attrition typically assume that all attrition is permanent. We use data from the 1990/94 Beginning Postsecondary Survey to distinguish between long-term dropout and short-term stopout behavior in order to test that assumption. We find significant differences between those who...

In a large family of solution concepts for boundedly rational players - allowing players to be imperfect optimizers, but requiring that "better" responses are chosen with probabilities at least as high as those of "worse" responses - most of Thompson's "inessential" transformations for the...

Using Logistic Normal regressions, we model the price-setting behaviour for a large sample of Belgian consumer prices over the January 1989 - January 2001 period. Our results indicate that time-dependent features are very important, particularly an infinite mixture of Calvo pricing rules and...