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Now showing items 11-20 of 22
Examining the dynamical transition in the Dow Jones Industrial Index from Bull to Bear market using Recurrence Quantification Analysis
(2012-11-20)
We present evidence of phase transitions (periodic to chaotic and
chaotic to chaotic) in the Dow Jones Industrial Index as it transitions
from Bull to Bear market. There is also evidence of a completely unpredictable
(i.e., ...
A choice experiment versus a contingent valuation approach to agri-environmental policy valuation
(National University of Ireland, Galway, 2011-07)
The non-market value accruing from an agri-environmental scheme can be examined by assessing the public's willingness to pay for the policy outputs as a whole or by modelling the preferences of society for the component ...
A model of deliberative and aggregative democracy
(National University of Ireland, Galway, 2011-02)
We present a model of collective decision making in which voting and deliberation are treated simultaneously. Political theorists argue that public discussion can lead individuals to change their preferences. This aspect ...
A measure of distance between judgment sets (Working paper no. 169)
(National University of Ireland, Galway, 2011-02)
In the literature on judgment aggregation, an important open question is how to measure the distance between any two judgment sets. This is relevant for issues of social choice: if two individuals hold different beliefs ...
Aggregating partitions
(National University of Ireland, Galway, 2011-02)
Consider the following social choice problem. A group of individuals seek to partition a finite set X into two subsets. The individuals may disagree over the partition and an aggregation rule is applied to determine a ...
Quantitative Risk Estimation in the Credit Default Swap Market using Exteme Value Theory
(National University of Ireland, Galway, 2010)
This paper is motivated by empirical evidence illustrating the non-Gaussian nature of financial returns, (Jondeau et al 2007) and analyses extreme value theory, (EVT) as a proposed improvement (Embrechts et al., 2005) for ...
Captive Offshoring by U.S. Multinationals: Measuring the Domestic Employment Impacts of Vertical FDI
(National University of Ireland, Galway, 2010)
The pervasive and complex nature of "international outsourcing" has hampered efforts to quantify the importance of this phenomenon for national economies. Indeed, available evidence on the extent of "offshoring" associated ...
Do farmers in Agri-Environmental schemes make appropriate ecological choices for the habitats on their farms? Modelling the biodiversity undertakings chosen within the Irish Rural Environment Protection Scheme
(National University of Ireland, Galway, 2011-07)
Farmers participating in agri-environmental schemes (AESs) that are aimed at protecting biodiversity should ideally make decisions relating to the ecological management of their farms based on the habitat types found on ...
Measuring public preferences for the conservation of the traditional farm landscape
(National University of Ireland, Galway, 2011-07)
This paper explores individuals' attitudes towards the traditional farm landscape. Results from a Generalised Tobit Interval model of willingness to pay for traditional farm landscape protection suggest that individuals ...
U.S. Presidential Elections and the referendum paradox
(National University of Ireland, Galway, 2011-02)
In the United States, the president is elected by the Electoral College (EC) and not directly by individual voters. This can give rise to a so-called 'referendum paradox' in which one candidate receives more popular votes ...