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Now showing items 211-220 of 222
Measuring the Effect of the Real Estate Bubble: a House Price Index for Bilbao
(2011-11)
A spatio-temporal model is proposed aimed at producing an index of housing prices. A hedonic model with geographically varying coefficients is coupled with a non parametric estimation of the trend, whence a price index is derived.
Characterization of efficient networks in a generalized connections model with endogenous link strength
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2019-05-09)
We consider a natural generalization of Jackson and Wolinsky s (1996) connections model where the quality or strength of a link depends on the amount invested in it and is determined by a non-decreasing function of that ...
Efficiency of weighted networks
(Fundamentos del Análisis Económico I, UPV/EHU, 2017-11-14)
In this paper, we address the question of the efficiency of weighted networks in a setting where nodes derive utility from their direct and indirect connections. Under rather general conditions, based on a set of assumptions ...
A Note on Efficiency in a Unifying Model of Strategic Network Formation
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2018-05-15)
The main point of this note is to provide a simpler and shorter proof of the result on efficiency in Olaizola and Valenciano (2017a) based on a result on efficiency of weighted networks in Olaizola and Valenciano (2017b). ...
The Relevance of Relative Position in Ultimatum Games
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2014)
This paper investigates the effect of focal points and initial relative position
in the outcome of a bargaining process. We conduct two on-line experiments.
In the first experiment we attempt to replicate Güth, Huck and ...
Landscape valuation through discrete choice experiments: Current practice and future research reflections
(2012)
The Discrete Choice Experiments (DCEs) are a fast growing landscape valuation technique. This paper describes some recent applications implemented in this field and
identifies their attributes, levels, payment vehicles, ...
The management of Natura 2000 Network sites: a discrete choice experiment approach
(2011)
One of the main problems that public institutions face in the management of protected areas, such as the European Natura 2000 network, is how to design and implement sustainable management plans accounting both for the ...
Selecting random parameters in discrete choice experiment for environmental valuation: A simulation experiment
(2010)
This paper examines the various tests commonly used to select random parameters in choice modelling. The most common procedures for selecting random parameters are: the Lagrange Multiplier test as proposed by McFadden and ...
Time-Varying Beta Estimators in the Mexican Emerging Market
(2011)
This paper compares the performance of three different time-varying betas that have never
previously been compared: the rolling OLS estimator, a nonparametric estimator and an
estimator based on GARCH models. The study ...
Comparing the performance of different approaches to deal with attribute non-attendance in discrete choice experiments: a simulation experiment
(2010)
There is a growing body of literature acknowledging that respondents to DCE often use simplifying strategies, like ignoring one or several attributes to provide with their choices. Two main approaches have appeared to ...