This paper argues against the view that Japanese indirect passives are restricted with respect to the base verb that they take. Specifically, it argues that, despite its initial plausibility, the oft-proposed generalization that unaccusatives cannot appear in indirect passives is too strong and the alleged distribution is a tendency at most, albeit a strong one. After closely examining the rest...

This paper examines asymptotic expansions for estimation errors expressed explicitly as functions of underlying random variables. Taylor series expansions are obtained from which "rst and second moment approximations are derived. While the expansions are essentially equivalent to the traditional Nagar type, the terms are expressed in a form which enables moment approximations to be obtained in ...

In this paper various methods for the estimation of simultaneous equation models with lagged endogenow variables and List order s&fly correlated errors are discussed. The m.&ods dilfer in tbe number of instrumental variables used. The asymptotic and small sample properties of the various metlmds are compared, and the variables which must be included as insuuments to insure consistent estimates ...

In this paper we propose simulation based Bayesian inference procedures in a cost system that includes the cost function and the cost share equations augmented to accommodate technical and allocative inefficiency. Markov Chain Monte Carlo techniques are proposed and implemented for Bayesian inferences on costs of technical and allocative inefficiency, input price distortions and over(under-) us...

We investigate the prescriptive power of sequential iterated admissibility in coordination games of the Gale-Stewart style, i.e., perfectinformation games of infinite duration with only two payoffs. We show that, on this kind of games, the procedure of eliminating weakly dominated strategies is independent of the elimination order and that, under maximal simultaneous elimination, the procedure ...

The simultaneous ascending auction has proved to be a successful method of auctioning many related items. Simultaneous sale and ascending bids promote price discovery, which helps bidders build desirable packages of items. Although package bids are not allowed, the auction format does handle mild complementarities well. I examine the auction design and its performance in practice.

This pa per suggests a simple method based on Chebyshev approximation at Chebyshev nodes to approximate partial differential equations. The methodology simply consists in determining the value function by using a set of nodes and basis functions. We provide two examples. Pricing an European option and determining the best policy for chatting down a machinery. The suggested method is flexible, e...