Ordinary least squares (OLS) is well-known to produce an inconsistent estimator of the spatial parameter in pure spatial autoregression (SAR). This paper explores the potential of indirect inference to correct the inconsistency of OLS. Under broad conditions, it is shown that indirect inference...

This paper is concerned with the application of jackknife methods as a means of bias reduction in the estimation of autoregressive models with a unit root. It is shown that the usual jackknife estimator based on non-overlapping sub-samples does not remove fully the first-order bias as intended,...

This paper analyses the properties of jackknife estimators of the first-order autoregressive coefficient when the time series of interest contains a unit root. It is shown that, when the sub-samples do not overlap, the sub-sample estimators have different limiting distributions from the...

We study jackknife estimators in a first-order autoregression with a unit root. Non-overlapping sub-sample estimators have different limit distributions, so the jackknife does not fully eliminate first-order bias. We therefore derive explicit limit distributions of the numerator and denominator...

The first part of this paper considers the cognition of individuals ans groups of individuals in the context of organisational project risk analysis and management, and attempts to characterise a set of models of cognition which may be of value as conceptual tools for risk analysts and managers....

This paper describes some preliminary findings of an ethnographic inquiry into a steel mill pruchased by its employees through a stock option scheme in the early 1980's to avoid closure by its parent company.

This paper presents the findings of a grounded theory study of the development of strategic ideas in a multinational organization. By drawing on the rich data generated from this longitudinal in-depth fields study, this paper provides a theoretical framework for the development of strategic ideas.

In this paper we analyse the efficiency of the Spanish Police Service using Data Envelopment Analysis (DEA). The analysis concentrates on the police activities related to the solving of crimes. The theoretical and empirical study of the policy production function under this dimension leads us to...

This paper examines the likely impact of Capital Adequacy Directive (CAD) on European Securities markets, focusing in particular on the competitive consequences for institutions engaged in the trading of equity securities.