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310 Sammlungen allgemeiner Statistiken (243)
330 Wirtschaft (240)510 Mathematik (1)630 Landwirtschaft und verwandte Bereiche (1)
All of edoc-ServerCommunity & CollectionTitleAuthorSubjectThis CommunityTitleAuthorSubject
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310 Sammlungen allgemeiner Statistiken (243)
330 Wirtschaft (240)510 Mathematik (1)630 Landwirtschaft und verwandte Bereiche (1)
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2014-09-03Buch
Beyond dimension two 
A test for higher-order tailrisk
Bormann, Carsten; Schienle, Melanie; Schaumburg, Julia
In practice, multivariate dependencies between extreme risks are often only assessed in a pairwise way. We propose a test to detect when tail dependence is truly high{dimensional and bivariate simplifications would produce ...
2014-11-03Buch
A Theory of PriceAdjustment under LossAversion 
Ahrens, Steffen; Pirschel, Inske; Snower, Dennis J.
We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect theory, the consumers’ perceived utility losses from price increases are weighted more heavily than ...
2014-09-05Buch
On the Timing of ClimateAgreements 
Schmidt, Robert; Strausz, Roland
A central issue in climate policy is the question whether long-term targets for green- house gas emissions should be adopted. This paper analyzes strategic effects related to the timing of such commitments. Using a two-country ...
2014-10-29Buch
The Influence of Oil PriceShocks on China’s Macroeconomy 
A Perspectiveof International Trade
Chen, Shiyi; Chen, Dengke; Härdle, Wolfgang Karl
International trade has been playing an extremely significant role in China over the last 20 years. This paper is aimed at investigating and understanding the relationship between China’smacro-economy and oil price fromthis ...
2014-10-12Buch
A Tale of Two Tails 
Preferences of neutral third-parties in three-player ultimatum games
Bosch-Rosa, Ciril
We present a three-player game in which a proposer makes a suggestion on how to split $10 with a passive responder. The offer is accepted or rejected depending on the strategy profile of a neutral third-party whose payoffs ...
2014-10-12Buch
Boiling the frog optimally 
an experiment on survivor curve shapes and internet revenue
Aperjis, Christina; Bosch-Rosa, Ciril; Friedman, Daniel; Huberman, Bernardo A.
When should a necessary inconvenience be introduced gradually, and when should it be imposed all at once? The question is crucial to web content providers, who in order to generate revenue must sooner or later introduce ...
2014-10-16Buch
Expectile TreatmentEffects 
An efficientalternative to compute thedistribution of treatmenteffects
Stahlschmidt, Stephan; Eckardt, Matthias; Härdle, Wolfgang Karl
The distribution of treatment effects extends the prevailing focus on average treatment effects to the tails of the outcome variable and quantile treatment effects denote the predominant technique to compute those effects ...
2014-10-20Buch
Are US InflationExpectations Re-Anchored? 
Nautz, Dieter; Strohsal, Till
Anchored inflation expectations are of key importance for monetary policy. If long-terminflation expectations arewell-anchored, they should be unaffected by short-termeconomic news. This letter introduces newsregressions ...
2016-10-04Buch
Cognitive Ability and Games of School Choice 
Basteck, Christian; Mantovani, Marco
We take school admission mechanisms to the lab to test whether the widely-used manipulable Boston-mechanism disadvantages students of lower cognitive ability and whether this leads to ability segregation across schools. ...
2016-09-14Buch
Blooming Landscapes in the West? - German reunification and the price of land. 
Schoettler, Raphael; Wolf, Nikolaus
German reunification was a positive market access shock for both East and West Germany. Regions that for 45 years had experienced a decline in population due to their loss in market access following the division of Germany ...
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