Econometría

Forecasting from Others’ Experience: Bayesian Estimation of the Generalized Bass Model
We propose a Bayesian estimation procedure for the generalized Bass model that is used in product diffusion models. Our method …
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Welfare Gains of the Poor: An Endogenous Bayesian Approach with Spatial Random Effects
We introduce a Bayesian instrumental variable procedure with spatial random effects that handles endogeneity, and spatial dependence …
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