1) The following is an excerpt from a working (i.e. unpublished) academic paper. Which empirical research strategy is being used here? "We develop a non-cooperative bargaining model with incomplete information linking dowry payments, domestic violence, resource allocation between a husband and a wife, and separation. .. Our empirical analysis exploits the introduction of amendments to the Dowry Prohibition Act between 1985 and 1986 as a natural experiment, and consists of two main parts. Using data from the Rural Economic and Demographic Survey, we first confirm that the amendments were successful at reducing dowry payments (Alfano, 2017). Next, we test the predictions of our model using data from the National Family Health Survey. Since the Dowry Prohibition Act (initially introduced in 1961) and its amendments do not apply to Muslims, we exploit variation in religion and year of marriage to identify the effect of the reforms..." a. Regression Discontinuity (RD) O b. Instrumental Variables (IV) O c. Ordinary Least Squares Regression (OLS) d. Randomized Control Trial (RCT) e. Differences-in-Differences (DID)

1) The following is an excerpt from a working (i.e. unpublished) academic paper. Which empirical research strategy is being used here? "We develop a non-cooperative bargaining model with incomplete information linking dowry payments, domestic violence, resource allocation between a husband and a wife, and separation. .. Our empirical analysis exploits the introduction of amendments to the Dowry Prohibition Act between 1985 and 1986 as a natural experiment, and consists of two main parts. Using data from the Rural Economic and Demographic Survey, we first confirm that the amendments were successful at reducing dowry payments (Alfano, 2017). Next, we test the predictions of our model using data from the National Family Health Survey. Since the Dowry Prohibition Act (initially introduced in 1961) and its amendments do not apply to Muslims, we exploit variation in religion and year of marriage to identify the effect of the reforms..." a. Regression Discontinuity (RD) O b. Instrumental Variables (IV) O c. Ordinary Least Squares Regression (OLS) d. Randomized Control Trial (RCT) e. Differences-in-Differences (DID)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

urgent
Piracy, the unauthorized use of IPR, is a critical issue in the entertainment industry. Several file-sharing services—USENET, BitTorrent, and Limewire—enable users to download movies, TV programs, and music virtually for free. A predominant way in which firms have taken action against file-sharing is through Digital Rights Management (DRM), which includes several technologies that curb the usage of digital content. DRM has been the object of severe criticism, targeted for everything from harming legitimate users to preventing viral marketing and presenting a powerful obstacle to free trade. What is worse is that most DRM systems have been cracked quite easily. Considering both the ease of piracy and the relative failure of preventive measures, how should media firms safeguard their IPR and secure their profitability? Should they seek other IPR technologies? Should they aggressively seek and bring offenders to trial? Or are there ways in which firms can make profit while allowing open…
The climate policy toolkit has, to-date, mostly focused on demand side policies (i.e. policies that affect the pollution demand curve), some of which are ‘command-andcontrol’ and others are market based (e.g. cap-and-trade schemes, carbon taxes). (a) Explain what is meant by command-and-control in terms of a demand side climate change policy. What are the pros and cons of this as a policy option? (b) Using a diagram, explain how a carbon tax could help reduce pollution.
With regard to the Great Pacific Garbage Patch, respond to the following: What kinds of market failure have led to this problem? (Be as specific as possible and provide examples when and as appropriate.) How would a systems thinking approach be helpful in terms of analyzing the roots of this problem and beginning to consider possible solutions? What kinds of policies and institutions might be needed to deal with this problem and to prevent similar problems? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
If you had to choose between Bertrand and Cournot to model an economic scenario,you should lean towards Bertrand if firms in the market being studied can easily adjust their quantities sold, for example on-line stock trading services.(a) True. (b) False.
3. A researcher is commissioned by a policy maker to conduct an empirical investigation. The researcher needs to collect data and hence asks the policy maker for a grant. After the grant application is approved the researcher demands for more financial support to collect more data and increase its sample size. The researcher claims that the advantage of a bigger sample size is removing the bias from estimation. < a) Explain omitted variable in linear regressions. < b) Based on what you learnt in this module, do you agree or disagree with the researcher's claim that "bigger sample size removes the omitted variable bias". Discuss. <
After Hurricane Maria, hundreds of nonprofit organizations streamed to Puerto Rico and other Caribbean islands to provide disaster relief. Research has found that coordination between nonprofits during disasters is difficult to maintain—it’s easy for individual nonprofits to fundraise and pursue programming on their own while ignoring other organizations working on the same issues. Additionally, there are incentives to do projects that are cheap and have fast turnaround, since donors respond to the visibility of organizations providing disaster relief. Consider two nonprofit organizations working in Puerto Rico. Together, they could spend time coordinating their efforts and run a shelter for hurricane victims, providing each organization with 100 utils. Alternatively, they could individually distribute paper towels—a simple, low-cost, fast, and visible project—and receive 5 utils. This situation can be modeled with the following payoff matrix: Nonprofit 2 Run Shelter…
A global religious organization runs a vast network of educational institutions, healthcare facilities, and charitable programs worldwide. These initiatives are funded through donations, endowments, and government grants. The organization's economic activities have a significant impact on local economies, particularly in areas with limited public services. The question is: In this scenario, the global religious organization's activities primarily: A) Replace government responsibilities B) Contribute to local economic development and social services provision C) Focus solely on religious conversion D) Drain local economic resources
Which major event led to the rise of sociology as a discipline? The Crusades Industrial Revolution American Civil War Fall of the Soviet Union
Question 7 1) Listen Cities often want to determine how much additional law enforcement will decrease their murder rates. A simple model with cross-section data at the provincial level to address this question is (1) murdpc-Bo+Bipolpc+Bzincpc+Bapvty+u where murdpc is murders per capita, polpc is number of police officers per capita, incpc is income per capita and pvty is the percent of people in the city that are below a poverty line and u is the error term. Suppose that the supply of polpc is a function of murdpc described by the following equation (2) polpc=6o+8ımurdpc+5zincpc+53stax+v where stax is the percent of sales tax in the province in which the city is located and v is the error term. The reduced form equation of murdpc is a regression model of this variable as a function of the following variables plus an error term incpc, stax O incpc, stax, pvty O none of the other answers are correct O stax, pvty O incpc, pvty
In the context of the monocentric city model, which of the following statements best describes the demand-side reason that population density is higher near the central business district (CBD)? Note that the word "price" in the answers below refers to the price to rent a square foot of housing space. O Firms have an incentive to build less square footage of housing space per unit of land as price increases O Firms have an incentive to build more square footage of housing space per unit of land as price increases O Consumers demand less square footage of housing as price increases O Consumers demand more square footage of housing as price increases
QUESTION 9 Currently internet scammers steal an estimated $81 million per year from the Australian public. While the majority of the scammed funds leave Australia, around 30% of the stolen funds remain in the country. The Australian government has decided to add a specialised task force to the current government program to tackle internet scammers. This will increase the cost of the program from $1.5million per year to $2.5million per year. The additional resources are expected to reduce the amount f scams on the Australian public by an estimated $1 million per year. What is the net social benefit resulting from the added specialised task force? = $ million. Provide a detailed explanation of the considerations in your decision. What are the implications of this policy from an ethical and social perspective. Provide a detailed answer your spreadsheet = Provide a detailed explanation of your approach to this question in your spreadsheet.