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Experimental Tests of the Endowment Effect and the Coase Theorem,”

by Daniel Kahneman , Jack L Knetsch , Richard H Thaler - Journal of Political Economy, , 1990
"... Contrary to theoretical expectations, measures of willingness to accept greatly exceed measures of willingness to pay. This paper reports several experiments that demonstrate that this "endowment effect" persists even in market settings with opportunities to learn. Consumption objects (e. ..."
Abstract - Cited by 677 (25 self) - Add to MetaCart
Contrary to theoretical expectations, measures of willingness to accept greatly exceed measures of willingness to pay. This paper reports several experiments that demonstrate that this "endowment effect" persists even in market settings with opportunities to learn. Consumption objects (e

Using Maimonides’ Rule to Estimate the Effect of Class Size on Scholastic Achievement

by Joshua D. Angrist, Victor Lavy - QUARTERLY JOURNAL OF ECONOMICS , 1999
"... The twelfth century rabbinic scholar Maimonides proposed a maximum class size of 40. This same maximum induces a nonlinear and nonmonotonic relation-ship between grade enrollment and class size in Israeli public schools today. Maimonides’ rule of 40 is used here to construct instrumental variables e ..."
Abstract - Cited by 582 (40 self) - Add to MetaCart
estimates of effects of class size on test scores. The resulting identification strategy can be viewed as an application of Donald Campbell’s regression-discontinuity design to the class-size question. The estimates show that reducing class size induces a significant and substantial increase in test scores

A Meta-Analytic Review of Experiments Examining the Effects of Extrinsic Rewards on Intrinsic Motivation

by Edward L. Deci, Richard Koestner, Richard M. Ryan
"... A meta-analysis of 128 studies examined the effects of extrinsic rewards on intrinsic motivation. As predicted, engagement-contingent, completion-contingent, and performance-contingent rewards signifi-cantly undermined free-choice intrinsic motivation (d =-0.40,-0.36, and-0.28, respectively), as did ..."
Abstract - Cited by 664 (18 self) - Add to MetaCart
A meta-analysis of 128 studies examined the effects of extrinsic rewards on intrinsic motivation. As predicted, engagement-contingent, completion-contingent, and performance-contingent rewards signifi-cantly undermined free-choice intrinsic motivation (d =-0.40,-0.36, and-0.28, respectively

A Practical Guide to Wavelet Analysis

by Christopher Torrence, Gilbert P. Compo , 1998
"... A practical step-by-step guide to wavelet analysis is given, with examples taken from time series of the El Nio-- Southern Oscillation (ENSO). The guide includes a comparison to the windowed Fourier transform, the choice of an appropriate wavelet basis function, edge effects due to finite-length t ..."
Abstract - Cited by 869 (3 self) - Add to MetaCart
intervals. It is shown that smoothing in time or scale can be used to increase the confidence of the wavelet spectrum. Empirical formulas are given for the effect of smoothing on significance levels and confidence intervals. Extensions to wavelet analysis such as filtering, the power Hovmller, cross

Building a Practically Useful Theory of Goal Setting and Task Motivation -- A 35-Year Odyssey

by Edwin A. Locke, Gary P. Latham , 2002
"... The authors summarize 35 years of empirical research on goal-setting theory. They describe the core findings of the theory, the mechanisms by which goals operate, moderators of goal effects, the relation of goals and satisfaction, and the role of goals as mediators of incentives. The external validi ..."
Abstract - Cited by 501 (10 self) - Add to MetaCart
The authors summarize 35 years of empirical research on goal-setting theory. They describe the core findings of the theory, the mechanisms by which goals operate, moderators of goal effects, the relation of goals and satisfaction, and the role of goals as mediators of incentives. The external

Mining Association Rules between Sets of Items in Large Databases

by Rakesh Agrawal, Tomasz Imielinski, Arun Swami - IN: PROCEEDINGS OF THE 1993 ACM SIGMOD INTERNATIONAL CONFERENCE ON MANAGEMENT OF DATA, WASHINGTON DC (USA , 1993
"... We are given a large database of customer transactions. Each transaction consists of items purchased by a customer in a visit. We present an efficient algorithm that generates all significant association rules between items in the database. The algorithm incorporates buffer management and novel esti ..."
Abstract - Cited by 3331 (16 self) - Add to MetaCart
We are given a large database of customer transactions. Each transaction consists of items purchased by a customer in a visit. We present an efficient algorithm that generates all significant association rules between items in the database. The algorithm incorporates buffer management and novel

Thresholding of statistical maps in functional neuroimaging using the false discovery rate.

by Christopher R Genovese , Nicole A Lazar , Thomas Nichols - NeuroImage , 2002
"... Finding objective and effective thresholds for voxelwise statistics derived from neuroimaging data has been a long-standing problem. With at least one test performed for every voxel in an image, some correction of the thresholds is needed to control the error rates, but standard procedures for mult ..."
Abstract - Cited by 521 (9 self) - Add to MetaCart
-controlling procedures will be effective for the analysis of neuroimaging data. These procedures operate simultaneously on all voxelwise test statistics to determine which tests should be considered statistically significant. The innovation of the procedures is that they control the expected proportion of the rejected

A survey of trust and reputation systems for online service provision

by Audun Jøsang, Roslan Ismail, Colin Boyd , 2005
"... Trust and reputation systems represent a significant trend in decision support for Internet mediated service provision. The basic idea is to collect information about potential service providers in order to select the most reliable and trustworthy provider of services and information and to avoid th ..."
Abstract - Cited by 632 (15 self) - Add to MetaCart
Trust and reputation systems represent a significant trend in decision support for Internet mediated service provision. The basic idea is to collect information about potential service providers in order to select the most reliable and trustworthy provider of services and information and to avoid

How much should we trust differences-in-differences estimates?

by Marianne Bertrand, Esther Duflo, Sendhil Mullainathan , 2003
"... Most papers that employ Differences-in-Differences estimation (DD) use many years of data and focus on serially correlated outcomes but ignore that the resulting standard errors are inconsistent. To illustrate the severity of this issue, we randomly generate placebo laws in state-level data on femal ..."
Abstract - Cited by 828 (1 self) - Add to MetaCart
on female wages from the Current Population Survey. For each law, we use OLS to compute the DD estimate of its “effect” as well as the standard error of this estimate. These conventional DD standard errors severely understate the standard deviation of the estimators: we find an “effect ” significant

Mediation in experimental and nonexperimental studies: new procedures and recommendations

by Patrick E. Shrout, Niall Bolger - PSYCHOLOGICAL METHODS , 2002
"... Mediation is said to occur when a causal effect of some variable X on an outcome Y is explained by some intervening variable M. The authors recommend that with small to moderate samples, bootstrap methods (B. Efron & R. Tibshirani, 1993) be used to assess mediation. Bootstrap tests are powerful ..."
Abstract - Cited by 696 (4 self) - Add to MetaCart
because they detect that the sampling distribution of the mediated effect is skewed away from 0. They argue that R. M. Baron and D. A. Kenny’s (1986) recommendation of first testing the X → Y association for statistical significance should not be a requirement when there is a priori belief that the effect
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