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We introduce two simple new variants of the Jackknife Instrumental Variables (JIVE) estimator for overidentified linear models and show that they are superior to the existing JIVE estimator, significantly improving on its small sample bias properties. We also compare our new estimators to...
Persistent link: https://www.econbiz.de/10010292896
A methodology is developed and applied to compare the performance of publicly fundedagencies providing treatment for alcohol abuse in Maine. The methodology estimates aWiener process that determines the duration of completed treatments, while allowing foragency differences in the effectiveness...
Persistent link: https://www.econbiz.de/10009472326
Buy price auctions merge a posted price option with a standard bidding mechanisms, and have been used by various online auction sites including eBay and General Motors Assistance Corporation. A buyer in a buy price auction can accept the buy price to win with certainty and end the auction early....
Persistent link: https://www.econbiz.de/10011995504
Persistent link: https://www.econbiz.de/10012410183
This article empirically analyzes different effects of advertising in a nondurable, experience good market. A dynamic learning model of consumer behavior is presented in which I allow both "informative" effects of advertising and "prestige" or "image" effects of advertising. This learning model...
Persistent link: https://www.econbiz.de/10005400881
A methodology is developed and applied to compare the performance of publicly funded agencies providing treatment for alcohol abuse in Maine. The methodology estimates a Wiener process that determines the duration of completed treatments, while allowing for agency differences in the...
Persistent link: https://www.econbiz.de/10005401001
This policy study uses U.S. Census microdata to evaluate how subsidies for universal telephone service vary in their impact across low-income racial groups, gender, age, and home ownership. Our demand specification includes both the subsidized monthly price (Lifeline program) and the subsidized...
Persistent link: https://www.econbiz.de/10011117290
This policy study uses U.S. Census microdata to evaluate how subsidies for universal telephone service vary in their impact across low-income racial groups, gender, age, and home ownership. Our demand specification includes both the subsidized monthly price (Lifeline program) and the subsidized...
Persistent link: https://www.econbiz.de/10011191384
This policy study uses U.S. Census microdata to evaluate how subsidies for universal telephone service vary in their impact across low-income racial groups, gender, age, and home ownership. Our demand specification includes both the subsidized monthly price (Lifeline program) and the subsidized...
Persistent link: https://www.econbiz.de/10010859527
Persistent link: https://www.econbiz.de/10006027917