In the first case, there is a strong upward-sloping relationship between X and Y; in the second case, no apparent relationship; in the third case, a strong downward-sloping relationship. Note the ...
The hypothesis that consumers use a two-stage procedure to maximize a utility function in which food items are strongly separable from non-food items is combined with prior information about food ...
In educational testing problems, some natural restriction on the coefficients may arise in maximizing the correlation or variance of linear combinations of sets of variables. In this article, two ...
Researchers have applied a recently developed technique to directly measure for the first time the polarization states of light. Their work both overcomes some important challenges of Heisenberg's ...
Yang, Mochen, Edward McFowland III, Gordon Burtch, and Gediminas Adomavicius. "Achieving Reliable Causal Inference with Data-Mined Variables: A Random Forest Approach ...
Value-at-risk and expected shortfall (ES) are ubiquitous in finance. They are used by banks and asset managers to estimate the risk of portfolios. Regulators use them to set capital requirements. To ...
Recent Basel Committee on Banking Supervision standards on interest rate risk in the banking book require the consideration of macroeconomic variables for modeling client behaviors, while no ...