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This paper develops an expectancy model for Chinese–American differences in conflict-avoiding, and tests this model using a scenario study with respondents from Taiwan and the US. Our results show that a higher Chinese tendency to avoid conflict is explained by higher Chinese expectations that...
Persistent link: https://www.econbiz.de/10005149789
As a function of time t, mean residual life is the remaining life expectancy of a subject given survival up to t. The proportional mean residual life model, proposed by Oakes & Dasu (1990), provides an alternative to the Cox proportional hazards model to study the association between survival...
Persistent link: https://www.econbiz.de/10005459072
We analyze a three-player legislative bargaining game over an ideological and a distributive decision. Legislators are privately informed about their ideological intensities, i.e., the weight placed on the ideological decision relative to the weight placed on the distributive decision....
Persistent link: https://www.econbiz.de/10011133324
We analyze a legislative bargaining game over an ideological and a distributive issue. Legislators are privately informed about their ideological positions. Communication takes place before a proposal is offered and majority-rule voting determines the outcome. We compare the outcome of the...
Persistent link: https://www.econbiz.de/10011135367
Risk attitude and perception is reflected in brain reactions during RPID experiments. Given the fMRI data, an important research question is how to detect risk related regions and to investigate the relation between risk preferences and brain activity. Conventional methods are often insensitive...
Persistent link: https://www.econbiz.de/10011261760
We propose the use of a local autoregressive (LAR) model for adaptive estimation and forecasting of three of China’s key macroeconomic variables: GDP growth, inflation and the 7-day interbank lending rate. The approach takes into account possible structural changes in the data-generating...
Persistent link: https://www.econbiz.de/10011265304
But when a policy dimension and a distributive dimension are both present, we show that in equilibrium, the demands by the legislators have some influence on the bargaining outcome but they are not fully informative about the legislators' true preferences. We characterize equilibria under the...
Persistent link: https://www.econbiz.de/10011080652
Which budgetary institutions result in efficient provision of public goods? We analyze a model with two parties deciding the allocation to a public good each period. Parties place different values on the public good, but these values may change over time. We model a budgetary institution as the...
Persistent link: https://www.econbiz.de/10011081943