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The least squares estimator of a discrete distribution under the constraint of convexity is introduced. Its existence and uniqueness are shown and consistency and rate of convergence are established. Moreover it is shown that it always outperforms the classical empirical estimator in terms of...
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We provide experimental evidence of worker's ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In...
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We present a compound Poisson model describing the occurrence process of a set of words in a random sequence of letters. The model takes into account the frequency of the words and their overlapping structure. The model is compared with a Markov chain model in terms of fit and parsimony. Special...
Persistent link: https://www.econbiz.de/10005217049
Several recent policy and academic contributions consider that liberalising product markets would foster innovation and growth. This paper analyses the innovation-productivity relationship at the industry-level for a sample of OECD manufacturing industries. We pay particular attention to the...
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