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Variants Of Mixtures: Information Properties And Applications, Omid Ardakani, Majid Asadi, Nader Ebrahimi, Ehsan Soofi
Variants Of Mixtures: Information Properties And Applications, Omid Ardakani, Majid Asadi, Nader Ebrahimi, Ehsan Soofi
Department of Economics Faculty Publications
In recent years, we have studied information properties of various types of mixtures of probability distributions and introduced a new type, which includes previously known mixtures as special cases. These studies are disseminated in different fields: reliability engineering, econometrics, operations research, probability, the information theory, and data mining. This paper presents a holistic view of these studies and provides further insights and examples. We note that the insightful probabilistic formulation of the mixing parameters stipulated by Behboodian (1972) is required for a representation of the well-known information measure of the arithmetic mixture. Applications of this information measure presented in this …
Identifying New Approaches For U.S. Drug Policy Using Ownership, Location, And Internalization Factors, Mariana Saenz, Anthony G. Barilla
Identifying New Approaches For U.S. Drug Policy Using Ownership, Location, And Internalization Factors, Mariana Saenz, Anthony G. Barilla
Department of Economics Faculty Publications
Dunning’s Eclectic Paradigm is used to assess the effectiveness and impact of U.S. drug prohibition policy on economic growth and political stability in Latin American countries as well as the decision making of Latin American Transnational Criminal Enterprises (TCE) in the cocaine-coca market. Results showed U.S. drug prohibition policy reduces the on-site supply but does not significantly reduce the transportation of cocaine and coca. U.S. drug prohibition policy also generated political instability for the region and revealed policy externalities that facilitated TCE expansion. Tougher U.S. drug prohibition policy advances TCE by amplifying the impact that unemployment and local wages have …