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Capacity Choices and Price Competition in Experimental Markets
In the heterogeneous experimental oligopoly markets of this paper, sellers first choose capacities and then prices. In equilibrium, capacities should correspond to the Cournot prediction. In the experimental data, given ...
How to Improve the Performances of DEA/FDHEstimators in the Presence of Noise?
In frontier analysis, most of the nonparametric approaches (DEA, FDH) are based on envelopment ideas which suppose that with probability one, all the observed units belong to the attainable set. In these "deterministic" ...
Space Distortion and Monotone Admissibility in Agglomerative Clustering
This paper discusses the admissibility of agglomerative hierarchical clustering algorithms with respect to space distortion and monotonicity, as defined by Yadohisa et al. and Batagelj, respectively. Several admissibilities ...