Now showing items 1-5 of 5
Estimating the distributional impact of time-of-day pricing of electricity
(Elsevier, 1984)
We consider the general problem of recovering estimates of welfare measures such as willingness to pay, price indices, etc. from demand data with particular emphasis on the problem of unobserved taste variation across ...
Optimal critical regions for pre-test estimators using a Bayes risk criterion
(Elsevier, 1984)
Optimal critical regions for pre-test estimators are developed in the context of the normal linear regression model with a conjugate prior, where the criterion is Bayes risk and where the pre-testing involves a single ...
OLS or GLS in the presence of specification error? : An expected loss approach
(Elsevier, 1987-07)
Omitted variables in regression analysis can lead to the erroneous conclusion that autocorrelation or heteroscedasticity is present. The common response is to use the suggested GLS procedure, even if it is suspected that ...
Non-parametric analysis of optimizing behavior with measurement error
(Elsevier, 1985)
We consider how one might test observed choice data for consistency with optimizing models in the presence of measurement error. We derive an appropriate test statistic and conduct case study involving cost minimization ...
Proof loading and structural reliability
(Elsevier, 1984)
Structural reliability depends on uncertainties in resistance and loads. In many practical cases the resistance dominates and a reduction of uncertainty about resistance is an effective way of increasing safety. It can be ...