To study preferences, respondents to a survey are usually asked to select their most preferred option from a set. Preferences can be estimated more efficiently if respondents are asked to rank all ...

This is a preview. Log in through your library . Abstract This paper introduces the smooth transition logit (STL) model that is designed to detect and model situations in which there is structural ...

ECONOMISTS develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “What Are Economic Models,” F&D, ...

Investigation of the anomalies associated with crashes and jackpots in the Chinese stock market. Design/methodology/approach – We propose a logit model to predict the events of crashes and jackpots in ...

This course is compulsory on the MSc in Environmental Economics and Climate Change. This course is available on the MPhil/PhD in Economic Geography, MPhil/PhD in Environmental Economics, MPhil/PhD in ...