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.Chapter four discusses the impact of ability grouping in secondary educationon student incentives. Education provides a signal on … unobservable abilityfor employers and improves productivity after education. Selection setsbetter incentives in primary education … (Gesamtschulen) hat die erworbeneQualifikation aber eine höhere Signalwirkung. Deswegen haben die Schülerauch einen höheren Anreiz …
Persistent link: https://www.econbiz.de/10009471898
with economic incentives as generated by the market system and requires changes in the market institutions to implement … problem is consistent with the underlying economic order (market system), if economic incentives to solve the problem exist … collective action are not pecuniary, this implies that the activity is not consistent with market incentives and therefore …
Persistent link: https://www.econbiz.de/10009468423
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …
Persistent link: https://www.econbiz.de/10009432547
"The central challenge of tropical biodiversity conservation involves reconciling private and social incentives to … important to identify what type of institutional arrangements can effectively align private and social incentives to promote … ensure biodiversity conservation and an equitable distribution of benefits and costs. There has been little theory or …
Persistent link: https://www.econbiz.de/10009468344
We present an hierarchical Bayes approach to modeling parameter heterogeneity in generalized linear models. The model … have a multivariate normal distribution. However, class membership is not known a priori, so the heterogeneity in the … synthetic data with known heterogeneity and number of sub-populations. An application is presented concerning preferences for …
Persistent link: https://www.econbiz.de/10009476617
Este trabajo presenta un modelo de frontera estocástica con parámetros aleatorios en el componente de ineficiencia aplicado al sector bancario. Este modelo permite capturar la influencia de las exposiciones de riesgo sobre la eficiencia bancaria y distingue estos efectos entre bancos con...
Persistent link: https://www.econbiz.de/10012530496
The decision tree is a well-known methodology for classification and regression. In this dissertation, we focus on the minimization of the misclassification rate for decision tree classifiers. We derive the necessary equations that provide the optimal tree prediction, the estimated risk of the...
Persistent link: https://www.econbiz.de/10009431076
Informes recientes muestran la creciente adopción en el sector financiero de técnicas de aprendizaje automático o machine learning (ML) en la gestión del riesgo de crédito. En este entorno, los supervisores se encuentran ante el reto de permitir que se maximicen las oportunidades derivadas...
Persistent link: https://www.econbiz.de/10012525231
Artículo de revista ; The use of artificial intelligence tools has escalated recently in all sectors of the economy owing, among other factors, to the growing volume of digital data and higher computational capacity. Major benefits may be reaped from applying these tools to the provision of...
Persistent link: https://www.econbiz.de/10012532407
Uno de los principales retos en el uso de modelos de aprendizaje automático, o machine learning en inglés (ML), en finanzas es cómo explicar sus resultados. Recientemente han aparecido técnicas de interpretabilidad con este objetivo, pero existe discusión sobre su fiabilidad. En este...
Persistent link: https://www.econbiz.de/10013267753