Showing 1 - 10 of 1,397
The traditional time series methodology requires at least a preliminary transformation of the data to get stationarity. On the other hand, robust Bayesian dynamic models (RBDMs) do not assume a regular pattern or stability of the underlying system but can include points of statement breaks. In...
Persistent link: https://www.econbiz.de/10011885537
Modelling cause and effect relationships has been a major challenge for statisticians in a wide range of application areas. Bayesian Networks (BN) combine graphical analysis with Bayesian analysis to represent causality maps linking measured and target variables. Such maps can be used for...
Persistent link: https://www.econbiz.de/10012857166
Persistent link: https://www.econbiz.de/10003827962
This paper aims at providing a Bayesian parametric framework to tackle the accessibility problem across space in urban theory. Adopting continuous variables in a probabilistic setting we are able to associate with the distribution density to the Kendall's tau index and replicate the general...
Persistent link: https://www.econbiz.de/10005061525
This paper aims at providing a Bayesian parametric framework to tackle the accessibility problem across space in urban theory. Adopting continuous variables in a probabilistic setting we are able to associate with the distribution density to the Kendall's tau index and replicate the general...
Persistent link: https://www.econbiz.de/10010547174
Binary events are involved in many economic decision problems. In recent years, considerable progress has been made in diverse disciplines in developing models for forecasting binary outcomes. We distinguish between two types of forecasts for binary events that are generally obtained as the...
Persistent link: https://www.econbiz.de/10013097218
Policies in health, education, and economics often unfold sequentially and adapt to changing conditions. Such time-varying treatments pose problems for standard program evaluation methods because intermediate outcomes are simultaneously pre-treatment confounders and post-treatment outcomes. This...
Persistent link: https://www.econbiz.de/10014190413
Smallholder farmers’ preferences for participation in contract farming may take the form of proportional data-whereby farmers only sell some proportions or fractions of their output to contractors. We analyze determinants for preferences for zero (potential corner solution) and proportional...
Persistent link: https://www.econbiz.de/10013328283
Persistent link: https://www.econbiz.de/10003409705
Empirical studies on farmland rental rates have predominantly concentrated on modelling conditional means using spatial autoregressive models, where a linear functional form between the response and the covariates is usually assumed. However, if it is in fact non-linear, misspecifying the...
Persistent link: https://www.econbiz.de/10010242847