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This paper proposes a nonparametric bias-reduction regression estimator which can accommodate two empirically relevant data environments. The first data environment assumes that at least one of the predictor variables is discrete. In such an empirical framework, a "cell" approach, which consists...
Persistent link: https://www.econbiz.de/10009443567
The identification of improved methods for characterizing crop yield densities has experienced a recent surge in activity due in part to the central role played by crop insurance in the Agricultural Risk Protection Act of 2000 (estimates of yield densities are required for the determination of...
Persistent link: https://www.econbiz.de/10009445546
"The purpose of this paper is to summarize some of the bargaining issues involved in collective action to address local common-pool problems and to illustrate them in three empirical cases. The importance of riming or the sequence of coalition building and the heterogeneity of the participant's...
Persistent link: https://www.econbiz.de/10009468352
"This paper provides new theoretical clarification and empirical evidence about relational contracts written for the exploitation of oil and gas reservoirs in the United States and Canada. To mitigate common pool losses, oil fields often are developed under unit operating agreements. These...
Persistent link: https://www.econbiz.de/10009468353