Using an extensive survey of Canadian physicians, the authors study how physician practice patterns are shaped by demographic characteristics, physician specialty, and government policy. They model the simultaneous determination of group size, primary source of professional income...

This study, using data from the Professional, Administrative, Technical, and Clerical Pay Survey and the Current Population Survey, examines how the assignment of responsibility within firms affected the structure of wages of U.S. engineers between 1961 and 1986. Patterns of wage dispersion in...

Using data from professional baseball, basketball, and hockey, we estimate the parameters of a sequential game model of best-of-n championship series controlling for measured and unmeasured differences in team strength and bootstrapping the maximum-likelihood estimates to improve their small...

The authors estimate an agency model using the payroll records of a copper mine that paid a production bonus to teams of workers. They estimate the cost of incomplete information due to insurance and incentives considerations and the inefficiency caused by the simple form of the incentive...

Many economic models are completed by finding a parameter vector θ that optimizes a function f(θ), a task that can only be accomplished by iterating from a starting vector θ<Subscript>0</Subscript>. Use of a generic iterative optimizer to carry out this task can waste enormous amounts of computation when applied to...</subscript>