Belief adjustment: a double hurdle model and experimental evidence

Household Demand for Finfish: A Generalized Double-Hurdle Model

This study estimates household demand for finfish in the United States using a limited dependent variable model that accounts for both participation and consumption decisions and also accommodates nonnormal and heteroskedastic errors. Results suggest that own-price elasticity is near unitary and income elasticity is small. Price of finfish, shopping frequency, Northeast, Black and other non-Whi...

belief function and the transferable belief model

Beliefs are the result of uncertainty. Sometimes uncertainty is because of a random process and sometimes the result of lack of information. In the past, the only solution in situations of uncertainty has been the probability theory. But the past few decades, various theories of other variables and systems are put forward for the systems with no adequate and accurate information. One of these a...

Family Structure, Education and Cigarette Smoking of the Adults in China: a Double-Hurdle Model

A double-hurdle model estimation of cocoa farmers’ willingness to pay for crop insurance in Ghana

Agriculture is an important sector in Ghana's economy, however, with high risk due to natural factors like climate change, pests and diseases and bush fires among others. Farmers in the Brong-Ahafo region of Ghana which is known as one of the major cocoa producing regions, face these risks which sometimes results in crop failure. The need for farmers to therefore insure their farms against crop...

The low-rank hurdle model

A composite loss framework is proposed for low-rank modeling of data consisting of interesting and common values, such as excess zeros or missing values. The methodology is motivated by the generalized low-rank framework and the hurdle method which is commonly used to analyze zero-inflated counts. The model is demonstrated on a manufacturing data set and applied to the problem of missing value ...