Past studies have used the world of Major League Baseball as a lens to investigate the concept of shirking. In particular, there has been an emphasis on looking at the incentive for baseball players to shirk once they have obtained job security through long-term contracts. However, the...

(Spatial) panel data are routinely modelled in discrete time (DT). However, there are compelling arguments for continuous time (CT) modelling of (spatial) panel data. Particularly, most social processes evolve in CT, so that statistical analysis in DT is an oversimplification, gives an...

Conditional distributions for the analysis of convergence are usually estimated using a standard kernel smoother but this is known to be biased. Hyndman et al. (1996) thus suggest a conditional density estimator with a mean function specified by a local polynomial smoother, i.e. one with better...

In this article we put forward a model where aggregate sales are a function of the online search of potential consumers at many locations. We argue that a location may be influential because of its power to drive aggregate sales and this power may be dynamic and evolving in time. Second, the...

This paper introduces a new approach to modelling the conditional variance in a multivariate setting. It is essentially a combination of the popular GARCH model class with a spatial component, inspired by generalized space-time models. The resulting spatial GARCH model takes into account both...

In this chapter, we explain why and how a set of global ideas of stakeholder/constituency participation, inclusiveness, and fair representation are built into transnational standard-setting organizations' structures and procedures and how local ideas and concerns are reflected in them. We show...

We introduce a new approach for modelling risk dependence. The methods we describe are applicable to all risk types but are motivated by a need to robustly assess the dependence between operational and other risks such as market and credit.We show through a practical example how the technique...

The CoR regularly publishes a monitoring report of the development of EGTC as the European legal entity for cross-border, transnational and interregional cooperation of public entities. The present report is an update of the EGTC Monitoring Report 2010. The objective of the update is to provide...

This paper proposes an iterative three-step spatial clustering procedure to define Functional Economic Market Areas (FEMAs) with an evolutionary computational approach using flow data on economic linkages. FEMAs are needed as basic observation units in disaggregated economic data analysis, since...