The greater use of microeconomic and survey based data in addressing key financial stability related questions is a natural outcome of the recent financial crisis. Amongst other benefits, the use of such data enables a more precise understanding of the differing attitudes and responses of individual agents such as households to financial shocks. However, some difficulties can arise with the use...

We examine the Cournot oligopoly model in the context of social and individual learning. In both models of learning, firms update their decisions about how much to produce via variants of the genetic algorithm updating procedure. Arifovic (1994) found that both models of social and individual learning converged to the Walrasian, competitive equilibrium. Vriend (2000) reports that the model of s...

The greater use of microeconomic and survey based data in addressing key financial stability related questions is a natural outcome of the recent financial crisis. Amongst other benefits, the use of such data enables a more precise understanding of the differing attitudes and responses of individual agents such as households to financial shocks. However, some difficulties can arise with the use...

The Analytic Hierarchy Process (AHP) has been proposed in recent literature as an emerging solution approach to large, dynamic, and complex real world multi-criteria decision making problems, such as the strategic planning of organizational resources and the justification of new manufacturing technology. This paper presents an application of the AHP in firms' long-term overall performance evalu...

This paper evaluates the eff ectiveness of the introduction of a Writing Center at a university. The center has the purpose to provide subject-specifi c courses that aim to improve students‘ abilities of scientifi c writing. In order to deal with presumed selfperceptional biases of students in feedback surveys, we use diff erent quantitative evaluation methods and compare the results to corresp...

Innovation occurs in network environments. Identifying the important players in the innovative process, namely “the innovators”, is key to understanding the process of innovation. Doing this requires flexible analysis tools tailored to work well with complex datasets generated within such environments. One such tool, cluster analysis, organizes a large data set into discrete groups based ...

International Comparisons of Work Disability Self-reported work disability is analyzed in the US, the UK and the Netherlands. Different wordings of the questions lead to different work disability rates. But even if identical questions are asked, cross-country differences remain substantial. Respondent evaluations of work limitations of hypothetical persons described in vignettes are used to ide...

Investigation of peer effects on achievement with sample survey data on schools may mean that only a random sample of peers is observed for each individual. This generates classical measurement error in peer variables, resulting in the estimated peer group effects in a regression model being biased towards zero under OLS model fitting. We investigate the problem using survey data for England fr...

Is Earnings Nonresponse Ignorable? Earnings nonresponse in the Current Population Survey is roughly 30% in the monthly surveys and 20% in the annual March survey. Even if nonresponse is random, severe bias attaches to wage equation coefficient estimates on attributes not matched in the earnings imputation hot deck. If nonresponse is ignorable, unbiased estimates can be achieved by omitting impu...

Using only ordinal axioms, we characterize several multigroup school segregation indices: the Atkinson Indices for the class of school districts with a given …xed number of ethnic groups and the Mutual Information Index for the class of all districts. Properties of other school segregation indices are also discussed. In an empirical application, we document a weakening of the e¤ect of ethnicity...