Paul A Ruud
Biographic Data
| ID | 4803984 |
|---|---|
| NAME | Paul A Ruud |
| GIVEN NAMES | Paul A |
| FAMILY NAME | Ruud |
| SIGNATURE | RUUD P A |
| AFFILIATIONS | University of California, Berkeley |
| VERIFIED | No |
| TOTAL WORKS | 8 |
| TOTAL CITATIONS | 128 |
| AUTHOR COUNT | 8 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1986 |
| LATEST PUBLICATION YEAR | 2018 |
| H-INDEX | 1 |
Simple Estimators for Invertible Index Models
This article considers estimation of the unknown linear index coefficients of a model in which a number of nonparametrically identified reduced form parameters are assumed to be smooth and invertible function of one or more linear indices. The results extend the previous literature by allowing the number of reduced form parameters to exceed the number of indices (i.e., the indices are “overdetermined” by the reduced form parameters. The estimator…
Rejoinder for “Simple Estimators for Invertible Index Models”
"Rejoinder for “Simple Estimators for Invertible Index Models”." Journal of Business & Economic Statistics, 36(1), pp. 22–23
Contingent Valuation and Lost Passive Use
The Impact of “No Opinion” Response Options on Data Quality
According to many seasoned survey researchers, offering a no-opinion option should reduce the pressure to give substantive responses felt by respondents who have no true opinions. By contrast, the survey satisficing perspective suggests that no-opinion options may discourage some respondents from doing the cognitive work necessary to report the true opinions they do have. We address these arguments using data from nine experiments carried out in …
Referendum Design and Contingent Valuation
This paper considers the effects for offering a “would-not-vote” option in contingent valuation (CV) questions framed using the referendum format. This approach arises from a suggestion made by the National Oceanic and Atmospheric Administration's (NOAA) panel on contingent valuation. The NOAA panel was asked to evaluate the use of this method for estimating the economic value of nonmarketed environmental resources in the context of natural resou…
Antitrust Settlements and Trial Outcomes
Risk aversion plays an important role in explaining why antitrust cases settle instead of going to trial. Using a jointly estimated model of settlement and trial outcome, the authors find that a one percent increase in the probability that the plaintiff wins at trial raises the probability of a settlement by 0.13 percent. They also find that reputation effects are not a significant factor for defendants, so the risk aversion of the defendants doe…
Estimation by Simulation
The authors extend Daniel McFadden's (1989) method of simulated moments to approximating efficient estimators in general estimation problems. The general approach applies a simulated bias correction to an approximation of the efficient score. They discuss a general trade-off in estimator inefficiency between bias correction and moment approximation. Copyright 1994 by MIT Press
Returns to Schooling, Implicit Discount Rates and Black-White Wage Differentials
A simple econometric model of investment in schooling is developed and estimated. The measure of individual discount rates implicit in their educational investment decisions suggests no difference between individuals from different socioeconomic backgrounds. Differences in individual speeds of educational attainment, which do vary with background, explain most of the variation in levels of attainment that is attributable to family background
The Impact of “No Opinion” Response Options on Data Quality
According to many seasoned survey researchers, offering a no-opinion option should reduce the pressure to give substantive responses felt by respondents who have no true opinions. By contrast, the survey satisficing perspective suggests that no-opinion options may discourage some respondents from doing the cognitive work necessary to report the true opinions they do have. We address these arguments using data from nine experiments carried out in …
Returns to Schooling, Implicit Discount Rates and Black-White Wage Differentials
A simple econometric model of investment in schooling is developed and estimated. The measure of individual discount rates implicit in their educational investment decisions suggests no difference between individuals from different socioeconomic backgrounds. Differences in individual speeds of educational attainment, which do vary with background, explain most of the variation in levels of attainment that is attributable to family background
Estimation by Simulation
The authors extend Daniel McFadden's (1989) method of simulated moments to approximating efficient estimators in general estimation problems. The general approach applies a simulated bias correction to an approximation of the efficient score. They discuss a general trade-off in estimator inefficiency between bias correction and moment approximation. Copyright 1994 by MIT Press
Antitrust Settlements and Trial Outcomes
Risk aversion plays an important role in explaining why antitrust cases settle instead of going to trial. Using a jointly estimated model of settlement and trial outcome, the authors find that a one percent increase in the probability that the plaintiff wins at trial raises the probability of a settlement by 0.13 percent. They also find that reputation effects are not a significant factor for defendants, so the risk aversion of the defendants doe…
Referendum Design and Contingent Valuation
This paper considers the effects for offering a “would-not-vote” option in contingent valuation (CV) questions framed using the referendum format. This approach arises from a suggestion made by the National Oceanic and Atmospheric Administration's (NOAA) panel on contingent valuation. The NOAA panel was asked to evaluate the use of this method for estimating the economic value of nonmarketed environmental resources in the context of natural resou…
The Impact of “No Opinion” Response Options on Data Quality
According to many seasoned survey researchers, offering a no-opinion option should reduce the pressure to give substantive responses felt by respondents who have no true opinions. By contrast, the survey satisficing perspective suggests that no-opinion options may discourage some respondents from doing the cognitive work necessary to report the true opinions they do have. We address these arguments using data from nine experiments carried out in …
Contingent Valuation and Lost Passive Use
Simple Estimators for Invertible Index Models
This article considers estimation of the unknown linear index coefficients of a model in which a number of nonparametrically identified reduced form parameters are assumed to be smooth and invertible function of one or more linear indices. The results extend the previous literature by allowing the number of reduced form parameters to exceed the number of indices (i.e., the indices are “overdetermined” by the reduced form parameters. The estimator…
Rejoinder for “Simple Estimators for Invertible Index Models”
"Rejoinder for “Simple Estimators for Invertible Index Models”." Journal of Business & Economic Statistics, 36(1), pp. 22–23
Economics (6 works) · Statistics (4 works) · Computer Science (3 works) · Econometrics (3 works) · Economic and Environmental Valuation (3 works) · Mathematics (3 works) · Applied Mathematics (2 works) · Atmospheric and Environmental Gas Dynamics (2 works) · Contingent valuation (2 works) · Decision-Making and Behavioral Economics (2 works)