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Author : Laurens Cherchye
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (212 download)
Download or read book Nonparametric Tests of Collectively Rational Consumption Behavior written by Laurens Cherchye and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Revealed Preference Tests of Collectively Rational Consumption Behavior written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sabrina Bruyneel
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (91 download)
Download or read book Modeling Collective Rationality written by Sabrina Bruyneel and published by . This book was released on 2006 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Laurens Cherchye
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (29 download)
Download or read book The Revealed Preference Approach to Collective Consumption Behavior written by Laurens Cherchye and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Laurens Cherchye
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (2 download)
Download or read book The Revealed Preference Approach to Collective Consumption Behavior written by Laurens Cherchye and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "We extend the nonparametric 'revealed preference' methodology for analyzing collective consumption behavior (with consumption externalities and public consumption), to render it useful for empirical applications that deal with welfare-related questions. First, we provide a nonparametric necessary and sufficient condition for collectively rational group behavior that incorporates the possibility of assignable quantity information. This characterizes collective rationality in terms of feasible personalized prices, personalized quantities and income shares (representing the underlying sharing rule). Subsequently, we present nonparametric testing tools for data consistency with special cases of the collective model, which impose specific structure on the preferences of the group members (in terms of consumption externalities and public consumption); and we show that these testing tools in turn allow for nonparametrically recovering (bounds on) feasible personalized prices, personalized quantities and income shares that underlie observed (collectively rational) group behavior. In addition, we present formally similar testing and recovery tools for the general collective consumption model, which imposes minimal a priori structure. Interestingly, the proposed testing and recovery methodology can be implemented through integer programming (IP and MILP), which is attractive for practical applications. Finally, while we argue that assignable quantity information generally entails more powerful recovery results, we also demonstrate that precise nonparametric recovery (i.e. tight bounds) can be obtained even if no assignable quantity information is available"--Forschungsinstitut zur Zukunft der Arbeit web site.
Author : Daniel Slottje
Publisher : Emerald Group Publishing
ISBN 13 : 1848553137
Total Pages : 300 pages
Book Rating : 4.8/5 (485 download)
Download or read book Quantifying Consumer Preferences written by Daniel Slottje and published by Emerald Group Publishing. This book was released on 2009-05-21 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demand studies and understanding consumer behavior remain two of the most important areas of analysis by practicing applied economists and econometricians. This book presents research on the estimation of demand systems and the measurement of consumer preferences.
Author : Laurens Cherchye
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (837 download)
Download or read book The Revealed Preference Approach to Collective Consumption Behavior written by Laurens Cherchye and published by . This book was released on 2009 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Bo Chen
Publisher : Springer
ISBN 13 : 3642143555
Total Pages : 345 pages
Book Rating : 4.6/5 (421 download)
Download or read book Algorithmic Aspects in Information and Management written by Bo Chen and published by Springer. This book was released on 2010-06-26 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the areas of information management and management science are full of algorithmic challenges, the proliferation of data has called for the design of e?cient and e?ective algorithms and data structures for their management and processing. The International Conference on Algorithmic Aspects in Information and Management(AAIM) is intended for originalalgorithmicresearchon immediate applications and/or fundamental problems pertinent to information mana- ment and management science to be broadly construed. The conference aims at bringing together researchers in computer science, operations research, applied mathematics, economics, and related disciplines. This volume contains papers presented at AAIM 2010: the 6th International Conference on Algorithmic Aspects in Information and Management, which was held during July 19-21, 2010, in Weihai, China. We received a total of 50 s- missions.Eachsubmissionwasreviewedbythreemembersof the ProgramC- mittee or their deputies on the quality, originality, soundness, and signi?cance of its contribution. The committee decided to accept 31 papers. The program also included two invited keynote talks. The success of the conference resulted from the input of many people. We would like ?rst of all to thank all the members of the Program Committee for their expert evaluation of the submissions. The local organizers in the School of Computer Science and Technology, Shandong University, did an extraordinary job, for which we are very grateful. We thank the National Natural Science Foundation of China, Montana State University (USA), University of Warwick (UK), and Shandong University (China) for their sponsorship.
Author : Yaqin Liu
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)
Download or read book Non-Parametric Tests of Behavior in the Commons written by Yaqin Liu and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commons problems present behavioral dilemmas, with tensions between individual and collective rationality. When users of a common-pool resource are not effectively excluded, the collective behavior of individuals pursuing their self-interests dissipates resource rents. We derive a non-parametric test of whether individuals' collective behavior in resource extraction is consistent with the canonical commons model. Our approach allows for an arbitrarily concave, differentiable production function of total inputs and for heterogeneous agents with arbitrarily convex, differentiable costs of supplying inputs. We extend the test to allow for sampling error and use metrics to define distance from the data to the model. Applying our approach to panel data of Norwegian commercial fishing vessels, we find the results of our test are consistent with economic intuition. Significantly, we find property rights reforms move firms away from Nash tragedy-of-the-commons behavior.
Author : Martin Browning
Publisher : Cambridge University Press
ISBN 13 : 0521791596
Total Pages : 511 pages
Book Rating : 4.5/5 (217 download)
Download or read book Economics of the Family written by Martin Browning and published by Cambridge University Press. This book was released on 2014-06-05 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive, modern, and self-contained account of the research in the growing area of family economics. It is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.
Author :
Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (837 download)
Download or read book Heuristics for Deciding Collectively Rational Consumption Behavior written by and published by . This book was released on 2008 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : J. Seaton
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (315 download)
Download or read book Non-parametric Tests of Collective Rationality written by J. Seaton and published by . This book was released on 1991 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : J. Seaton
Publisher :
ISBN 13 :
Total Pages : 29 pages
Book Rating : 4.:/5 (3 download)
Download or read book An Application of Non-parametric Tests of Collective Rationality written by J. Seaton and published by . This book was released on 1991 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Marc-Arthur Diaye
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (248 download)
Download or read book The world according to GARP written by Marc-Arthur Diaye and published by . This book was released on 2001 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Igor B. Petrov
Publisher : Springer
ISBN 13 : 3030062287
Total Pages : 346 pages
Book Rating : 4.0/5 (3 download)
Download or read book Smart Modeling for Engineering Systems written by Igor B. Petrov and published by Springer. This book was released on 2019-01-08 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights the work of several world-class researchers on smart modeling of complex systems. The contributions are grouped into the four main categories listed below. · Numerical schemes construction for the solution of partial differential equations. · Numerical methods in continuum media mechanics problems. · Mathematical modeling in aerodynamics, plasma physics, deformable body mechanics, and geological hydrocarbon exploration. · Mathematical modeling in medical applications. The book offers a valuable resource for theoreticians and application scientists and engineers, as well as postgraduate students, in the fields of computational methods, numerical experiments, parallel algorithms, deformable solid bodies, seismic stability, seismic prospecting, migration, elastic and acoustic wave investigation, gas dynamics, astrophysics, aerodynamics, fluid dynamics, turbulent flows, hypersonic flows, detonation waves, composite materials, fracture mechanics, melting of metals, mathematical economics, medicine, and biology.
Author : Laurens Cherchye
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (261 download)
Download or read book An Afriat Theorem for the Collective Model of Household Consumption written by Laurens Cherchye and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Xiao Jiang
Publisher :
ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.:/5 (78 download)
Download or read book Non-rational Consumption written by Xiao Jiang and published by . This book was released on 2005 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is the study of the productive and distributive aspects of life. And in the modern society, consumption is one of the most important activities in human life. Intends to set up a theoretical framework for the non-rational aspect of consumer behavior.
