Social and Behavioral Sciences Commons^™

New Deales: Other Approximations Of Life Expectancy, Emmett Keeler, Robert Bell

Emmett Keeler

No abstract provided.

Incorporating Inventories Into Supply And Demand Analysis, Robert L. Sexton, Robert W. Clower, Philip E. Graves, Dwight R. Lee

Robert L Sexton

There is no abstract for this brief contribution.

Incorporating Inventories Into Supply And Demand Analysis, Robert L. Sexton, Robert W. Clower, Philip E. Graves, Dwight R. Lee

Robert L Sexton

There is no abstract for this brief contribution.

On The Theory Of Growth Controls, Peter Navarro

PETER NAVARRO

No abstract provided.

Hospital Characteristics And Quality Of Care, E. Keeler, L. Rubenstein, K. Kahn, D. Draper, E. Harrison, M. Mcginty, W. Rogers, R. Brook

Emmett Keeler

OBJECTIVE: To compare quality of care measured by explicit criteria, implicit review, and sickness-adjusted outcomes at different types of hospitals. DESIGN: Further analysis of data retrospectively abstracted from medical records to evaluate the effects of prospective payment on quality of care for hospitalized Medicare patients. SETTING: Hospitals in five states were sampled to represent the national Medicare admissions along many dimensions. PATIENTS: A total of 14,008 elderly patients with one of the following five diseases: congestive heart failure, acute myocardial infarction, pneumonia, stroke, or hip fracture. These patients were randomly sampled from those with these diseases in 297 hospitals in …

Defining The Mean-Preserving Spread: 3-Pt Versus 4-Pt, Eric Bennett Rasmusen, Emmanuel Petrakis

Eric Bennett Rasmusen

The standard way to define a mean-preserving spread is in terms of changes in the probability at four points of a distribution (Rothschild and Stiglitz [1970]). Our alternative definition is in terms of changes in the probability at just three points. Any 4-pt mean- preserving spread can be constructed from two 3-pt mean-preserving spreads, and any 3-pt mean-preserving spread can be constructed from two 4-pt mean- preserving spreads. The 3-pt definition is simpler and more often applicable. It also permits easy rectification of a mistake in the Rothschild-Stiglitz proof that adding a mean- preserving spread is equivalent to other measures …

Randomly Drawn Opportunity Sets In A Random Utility Model Of Lake Recreation, George R. Parsons, Mary Jo Kealy

George Parsons

No abstract provided.

Charles E. Lindblom, Richard Adelstein

Richard Adelstein

An intellectual biography and review of the work of Charles E. Lindblom.

Adaptive Estimation In Timeseries Regression Models, Douglas Steigerwald

Douglas G. Steigerwald

I develop adaptive estimators for linear regression with serially correlated errors. The efficiency results hold even when the serial correlation structure is unknown. Simulations indicate that efficiency gains can be substantial with samples of only 50 observations. We apply the method to a study of forward exchange rates.

Maximum Score Estimates Of The Determinants Of Residential Mobility: Implications For The Value Of Residential Attachment And Neighborhood Amenities, Timothy Bartik, J. Butler, Jin-Tan Liu

Timothy J. Bartik

No abstract provided.

On The Finite Sample Behavior Of Adaptive Estimators, Douglas Steigerwald

Douglas G. Steigerwald

With only 50 observations, the adaptive estimator produces confidence intervals that are 20 to 50 percent shorter than those produced by GLS procedures. The key feature is that the underlying error density is symmetric. Under asymmetry the interval length is shortened by a smaller amount.

Controlling The Abandonment Of Automobiles: Mandatory Deposits Vs Fines, Dwight Lee, Philip E. Graves, Robert L. Sexton

Robert L Sexton

There is no abstract, but the paper describes first-best solutions to the abandonment of automobiles, arguing that litter fines are inefficient with or without a mandatory deposit. However, the latter can generate first-best optimality.

Rationalising The Economic Metaphor, Rowan Cahill

Rowan Cahill

Contemporary critique of the developing trend towards education institutions being run as businesses, and for students to be treated as economic units.

Mutual Forbearance In Experimental Conglomerate Markets, Owen R. Phillips, Charles F. Mason

Owen R Phillips

We conduct economic experiments to gauge the level of cooperation between conglomerate rivals. First we run control experiments to observe cooperation between subjects acting as duopolists in one of two markets. In the control experiments, subject pairs choose a quantity x_i (or y_i) from a payoff matrix in a repeated game. Relatively less cooperation is observed in the Y market than in the X market. A second series of experiments then combines the two payoff matrices to create a conglomerate setting. Facing each other in two markets, opponents now choose an (x_i, y_i) …

A Course In Econometrics: A Review, Douglas G. Steigerwald

Douglas G. Steigerwald

No abstract provided.

Controlling The Abandonment Of Automobiles: Mandatory Deposits Vs Fines, Dwight Lee, Philip E. Graves, Robert L. Sexton

Robert L Sexton

There is no abstract, but the paper describes first-best solutions to the abandonment of automobiles, arguing that litter fines are inefficient with or without a mandatory deposit. However, the latter can generate first-best optimality.

Continuity And Change Redux: Market And State In American History, Richard Adelstein

Richard Adelstein

A review of Jonathan Hughes, The Government Habit Redux (1991).

Mutual Forbearance In Experimental Conglomerate Markets, Owen R. Phillips, Charles F. Mason

Charles F Mason

We conduct economic experiments to gauge the level of cooperation between conglomerate rivals. First we run control experiments to observe cooperation between subjects acting as duopolists in one of two markets. In the control experiments, subject pairs choose a quantity x_i (or y_i) from a payoff matrix in a repeated game. Relatively less cooperation is observed in the Y market than in the X market. A second series of experiments then combines the two payoff matrices to create a conglomerate setting. Facing each other in two markets, opponents now choose an (x_i, y_i) …

Distortionary Taxes And The Provision Of Public Goods, Charles Ballard, Don Fullerton

Don Fullerton

No abstract provided.

A General Equilibrium Model Of Housing, Taxes, And Portfolio Choice, James Berkovec, Don Fullerton

Don Fullerton

We describe a model in which rental and owner housing are risky assets, tenure choice is endogenous, and each household is constrained to consume the same amount of owner housing that it has in its investment portfolio. At each iteration in the search for an equilibrium, we determine the new taxable income for each of 3,578 households (from the Survey of Consumer Finances), and we use statutory schedules to find the marginal rate and tax paid. Equilibrium net rates of return are major determinants of the amount of owner housing, but a logit model indicates that demographic factors are the …

Controlling The Abandonment Of Automobiles: Mandatory Deposits Vs Fines, Dwight Lee, Philip E. Graves, Robert L. Sexton

PHILIP E GRAVES

There is no abstract, but the paper describes first-best solutions to the abandonment of automobiles, arguing that litter fines are inefficient with or without a mandatory deposit. However, the latter can generate first-best optimality.

Specialization And Size Of Technological Activities In Industrial Countries: The Analysis Of Patent Data, Mario Pianta, Daniele Archibugi

Mario Pianta

The determinants and directton of the technological specialization of advanced countries are investtgated in thus paper using patent counts and citations as technology indicators.

Benefits Transfer: Conceptual Problems In Estimating Water Quality Benefits Using Existing Studies, William H. Desvouges, Michael C. Naughton, George R. Parsons

George Parsons