Researchers have become increasingly interested in estimating mixtures of stochastic frontiers. Mester (1993), Caudill (1993), and Polachek and Yoon (1987), for example, estimate stochastic frontier models for different regimes, assuming sample separation information is given. Building on...

This study utilizes the National Collegiate Athletic Association basketball point spread betting market to investigate whether differences in information availability across markets result in different relative efficiencies of price formation within those markets. Using intra-conference games of...

Recently, Artís, Ayuso, and Guillén (2002, "Journal of Risk and Insurance" 69: 325-340; henceforth AAG) estimate a logit model using claims data. Some of the claims are categorized as "honest" and other claims are known to be fraudulent. Using the approach of Hausman, Abrevaya, and Scott-Morton...