Showing 1 - 10 of 10
In this analysis, we examine the relationship between an individual's decision to volunteer and the average level of volunteering in the community where the individual resides. Our theoretical model is based on a coordination game , in which volunteering by others is informative regarding the...
Persistent link: https://www.econbiz.de/10010904128
In this analysis, we examine the relationship between an individual’s decision to volunteer and the average level of volunteering in the community where the individual resides. Our theoretical model is based on a coordination game , in which volunteering by others is informative regarding the...
Persistent link: https://www.econbiz.de/10010907880
Persistent link: https://www.econbiz.de/10010241418
We define and investigate a new class of measure-valued Markov chains by resorting to ideas formulated in Bayesian nonparametrics related to the Dirichlet process and the Gibbs sampler. Dependent random probability measures in this class are shown to be stationary and ergodic with respect to the...
Persistent link: https://www.econbiz.de/10008518900
The paper proposes a new nonparametric prior for two-dimensional vectors of survival functions (S1,S2). The definition we introduce is based on the notion of Lévy copula and it will be used to model, in a nonparametric Bayesian framework, two-sample survival data. Such an application will yield...
Persistent link: https://www.econbiz.de/10008518902
A Bayesian nonparametric methodology has been recently proposed in order to deal with the issue of prediction within species sampling problems. Such problems concern the evaluation, conditional on a sample of size n, of the species variety featured by an additional sample of size m. Genomic...
Persistent link: https://www.econbiz.de/10008518906
A random distribution function on the positive real line which belongs to the class of neutral to the right priors is defined. It corresponds to the superposition of independent beta processes at the cumulative hazard level. The definition is constructive and starts with a discrete time process...
Persistent link: https://www.econbiz.de/10008518909
We present a theoretical model of the provision of a durable public good over an infinite horizon. In each period, there is a societal endowment of which each of n districts owns a share. This endowment can either be invested in the public good or consumed. We characterize the planner's optimal...
Persistent link: https://www.econbiz.de/10008503149
Inefficiencies in the bureaucratic organization of the state are often viewed as important factors in retarding economic development. Why certain societies choose or end up with such inefficient organizations has received very little attention, however. In this paper, we present a simple theory...
Persistent link: https://www.econbiz.de/10005196135
Inefficiencies in the bureaucratic organization of the state are often viewed as important factors in retarding economic development. Why certain societies choose or end up with such inefficient organizations has received very little attention, however. In this paper, we present a simple theory...
Persistent link: https://www.econbiz.de/10005094078