Showing 61 - 70 of 446
In this paper, cross-sectional data from Egyptian households are used to estimate a food demand system. Such a system provides useful information and parameters to be used fro simulating outcomes of alternative reforms, in order to evaluate the economics, politic and technical feasibility of...
Persistent link: https://www.econbiz.de/10005700787
A recent paper by Cappelen et al. (2007) reports on the estimation of a finite mixture model of fairness using experimental data. Their estimation approach is based on a choice model. However, we argue strongly that since the data is not choice data, it should not be modelled as such. We adopt a...
Persistent link: https://www.econbiz.de/10005233410
The determinants of risk attitude in couples are explored using data from the German Socio-Economic Panel over the period 2004 to 2009. The focus of the analysis is the repeated responses to the survey question about general willingness to take risk. Responses to this question are provided on a...
Persistent link: https://www.econbiz.de/10010544321
The determinants of risk attitude amongst family members are explored using data from the German Socio-Economic Panel over the period 2004 to 2009. The focus of the analysis is the repeated responses to the survey question about general willingness to take risk. Responses to this question are...
Persistent link: https://www.econbiz.de/10009393684
The recent spate of theoretical models of behaviour under ambiguity can be partitioned into two sets: those involving multiple priors (in which the probabilities of the various events are not known but probabilities can be attached to the various possible values for the probabilities) and those...
Persistent link: https://www.econbiz.de/10009393736
Some recent papers have studied data from TV game shows to examine the behaviour of individuals towards risk. It is generally agreed that data from these shows are useful in detecting individual risk aversion in the field, with both "real life" subjects and incentives. Field experiments also...
Persistent link: https://www.econbiz.de/10008565551
This paper is concerned with estimating preference functionals for choice under risk from the choice behaviour of individuals. We note that there is heterogeneity in behaviour between individuals and within individuals. By 'heterogeneity between individuals' we mean that people are different, in...
Persistent link: https://www.econbiz.de/10008866536
This paper investigates the relationship between educational attainment and truancy. Using data from the Youth Cohort Study of England and Wales, we estimate the causal impact that truancy has on educational attainment at age 16. Problematic is that both truancy and attainment are measured as...
Persistent link: https://www.econbiz.de/10008642299
This paper examines the consequences of introducing a normally distributed effect into a system where the dependent variable is ordered and the explanatory variable is ordered and endogenous. Using simulation techniques we show that a naïve bivariate ordered probit estimator which fails to take...
Persistent link: https://www.econbiz.de/10010672406
This paper is concerned with estimating preference functionals for choice under risk from the choice behaviour of individuals. We start from the observation that there is heterogeneity in behaviour between individuals and within individuals. By ‘heterogeneity between individuals’ we mean...
Persistent link: https://www.econbiz.de/10005328508