This paper studies the semiparametric binary response model with interval data investigated by Manski and Tamer (2002). In this partially identified model, we propose a new estimator based on MT’s modified maximum score (MMS) method by introducing density weights to the objective function,...

The purpose of this paper is to model the multi-criteria decision problem of identifying the most suitable facility locations for biogas plants under an integrated decision support methodology. Here the Geographical Information System (GIS) is used for measuring the attributes of the...

The purpose of this paper is to model the multi-criteria decision problem of identifying the most suitable facility locations for biogas plants under an integrated decision support methodology. Here the Geographical Information System (GIS) is used for measuring the attributes of the...

This paper studies the semiparametric binary response model with interval data investigated by Manski and Tamer (2002, MT). In this partially identified model, we propose a new estimator based on MT's modified maximum score (MMS) method by introducing density weights to the objective function,...

Several valuable data sources, including the census and National Longitudinal Survey of Youth, include data measured using interval responses. Many empirical studies attempt estimation by assuming the data correspond to the interval midpoints and then use OLS or maximum likelihood assuming...

The main question is how to compute the upper and lower limits of the range of possible values of a given statistic, when the data range over given intervals. Initially some well-known statistics, such as sample mean, sample variance or F-ratio, are considered in order to illustrate that in some...

The economic concept of Returns-to-Scale (RTS) has been intensively studied in the context of Data Envelopment Analysis (DEA). The conventional DEA models that are used for RTS classification require well-defined and accurate data whereas in reality data are often imprecise, vague, uncertain or...

The Federal Open Market Committee (FOMC) of the U.S. Federal Reserve publishes the range of members’ forecasts for key macroeconomic variables, but not the distribution of forecasts within this range. To evaluate these projections, previous papers compare the midpoint of the range with the...

The importance of the historical information in flood analysis has previously been underlined. In this context, we present an integral methodology aimed at the establishment of return periods of different flood units on the unique basis of historical data. Specifically, the reconstruction of the...

We analyse some possibilities for constructing an aggregated measure of the development of socio-economical objects in terms of their composite phenomenon (i.e., phenomenon described by many statistical features) if the relevant data are expressed as intervals. Such a measure, based on the...