Multivariate quantiles have been defined by a number of researchers and can be estimated by different methods. However, little work can be found in the literature about Bayesian estimation of joint quantiles of multivariate random variables. In this paper we present a multivariate quantile function model and propose a Bayesian method to estimate the model parameters. The methodology developed h...

In order to have references for discussing mathematical menus in political science, I review the most common types of mathematical formulae used in physics and chemistry, as well as some mathematical advances in economics. Several issues appear relevant: variables should be well defined and measurable; the relationships between variables may be non-linear; the direction of causality should be c...

To date, IT outsourcing research has focused on applied problems and case studies. Two bodies of theory offer useful and needed perspectives on both the risks and the factors or variables which affect the risk of outsourcing IT. Transaction cost economics provides a thorough description of the conditions under which the risks of opportunism and inflated transaction costs are high. The Resource-...

In this article, we review research on the economics and sociology of education to assess the relationships between family and community variables and children’s educational outcomes in South Asia. At the family level, we examine the variables of family socioeconomic status (SES), parental education, family structure, and religion and caste. At the community level, we assess the limited researc...

Knowledge of contagion among economies is a relevant issue in economics. The canonical model of contagion is an alternative in this case. Given the existence of endogenous variables in the model, instrumental variables can be used to decrease the bias of the OLS estimator. In the presence of heteroskedastic disturbances this paper proposes the use of conditional volatilities as instruments. Sim...

If the rules that regulate a market allow speculation then prices in that market become volatile. It is possible to model the fluctuations in these prices as random variables. The empirical distributions of these random variables are unusual; they are distinctly non-Gaussian. They belong to a class of distributions called Levy stable distributions and have paradoxical properties. The processes ...

Anaerobic digestion technology addresses environmental issues of waste disposal and greenhouse gas emission reduction. This paper examines attitudes toward adoption of this conservation technology on dairy farms. To specify an appropriate dependent variable without a large number of adopters, an ordered probit model is constructed. The empirical analysis uses data from a 2006 survey of Pacific ...

Previous research of inter-organizational relations suggests that they are too complex to grasp in terms of simple, linear effects from independent on dependent variables. Many variables are involved, and most of them influence each other, in circular causality. The central reason for this is that enduring, fruitful relations are based on interaction and mutual dependence. This paper employs th...

• identify and prioritize key issues; • describe the mechanisms for putting pharmacoeconomic and outcomes information and data into the same operational format that decisionmakers use to make formulary decisions; • identify the entities that are conducting/supporting the research, the purpose of the research, and their target audiences for communicating research results; • discuss outlets of co...