Evidence such as the Ellsberg Paradox shows that decision-makers do not assign probabilities to all events. It is intuitive that they may differ not only in the probabilities assigned to given events but also in the identity of the events to which they assign probabilities. This paper describes...

Let denote the Gauss-Newton estimator of the parameter ([alpha],[beta]) in the autoregression model Zij=[alpha]Zi-1,j+[beta]Zi,j-1-[alpha][beta]Zi-1,j-1+[var epsilon]ij. It is shown in an earlier paper that when converges in distribution to a bivariate normal random vector. A two-parameter...

In this paper, we show that the exponential bounds for the PP Kolmogorov-Smirnov statistic, the uniform deviation of an empirical process indexed by the indicators of some sets based on m-dimensional projections, are c(P) [lambda](2 + [alpha])(p - 1)m + 2(m - 1) exp(-2[lambda]2), where [alpha]...

Limit orders incur no price impact, however, their execution time is uncertain. We develop several econometric models of limit-order execution times using survival analysis, and estimate them with actual limit-order data. We estimate models for time-to-first-fill and time-to-completion, and for...

The purpose of this paper is to analyse the effects of preference for children of particular gender on fertility and children's welfare, with and without sex selection on "gender control".

We consider a class of systems where, due to the large mismatch of dielectric constants, the Coulomb interaction is approximately one-dimensional. Examples include ion channels in lipid membranes and water filled nanopores in silicon films. Charge transport across such systems possesses the...