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This study investigates the relationship between an actor’s beliefs about others’ other-regarding (social) preferences and her own other-regarding preferences, using an “avant-garde” hierarchical Bayesian method. We estimate two distributional other-regarding preference parameters, α...
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Social motives are frequently used to explain deviations from selfishness in non-strategic settings such as the Dictator Game. Previous research has mainly focused on two-player games; the workings of social motives in multiplayer Dictator Games are less well understood. A core feature of...
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In this talk I discuss Pearson's X2 as a measure of goodness of fit for quantal response models, including binary outcome models (logit, probit, gompit), multinomial logistic regression (mlogit) and conditional logistic regression (clogit). Large sample results for X2 have been derived by a.o....
Persistent link: https://www.econbiz.de/10005103054
Testing for omitted variables should play an important part in specification analyses of statistical "linear form" models. Such omissions may comprise terms in variables that were included themselves (e.g., a quadratic term, or a categorical specification instead of a metric one), interactions...
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