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Eliciting and aggregating individual expectations: An experimental study 激发和聚合个人期望:一项实验研究
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/umagsb.2014029
Ronald Peeters, Leonard Wok, L. Wolk
{"title":"Eliciting and aggregating individual expectations: An experimental study","authors":"Ronald Peeters, Leonard Wok, L. Wolk","doi":"10.26481/umagsb.2014029","DOIUrl":"https://doi.org/10.26481/umagsb.2014029","url":null,"abstract":"In this paper we present a mechanism to elicit and aggregate dispersed information. Our mechanism relies on the aggregation of intervals elicited using an interval scoring rule. We test our mechanism by eliciting beliefs about the termination times of a stochastic process in an experimental setting. We conduct two treatments, one with high and one with low volatility.Increasing the underlying volatility affects the location of the interval, yet it does not significantly affect its length. Consequently, individuals perform significantly better in the low volatility treatment than in the high volatility treatment. Next, we construct distributions by aggregating intervals across different individuals. Our results reveal that the predictive quality of the aggregated intervals as measured by the Hellinger distance to the true distribution increases by more than 30 when increasing the aggregation level from two to eight individuals. This shows that aggregating individual intervals may be an attractive solution when market mechanisms are infeasible.","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114536185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Occupational reallocation in response to supply shocks 供给冲击下的职业再分配
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/umaror.200101e
de Grip A., Dupuy A.
{"title":"Occupational reallocation in response to supply shocks","authors":"de Grip A., Dupuy A.","doi":"10.26481/umaror.200101e","DOIUrl":"https://doi.org/10.26481/umaror.200101e","url":null,"abstract":"","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116518498","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Forecasting with Colonel Blotto 和布洛托上校一起预报
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/umagsb.2015025
Ronald Peeters, L. Wolk
{"title":"Forecasting with Colonel Blotto","authors":"Ronald Peeters, L. Wolk","doi":"10.26481/umagsb.2015025","DOIUrl":"https://doi.org/10.26481/umagsb.2015025","url":null,"abstract":"In this paper we design and test a competitive forecasting mechanism based on the Colonel Blotto game. In the game, forecasters allocate a fixed number of resources to different battlefields. Each field is realized with a probability that is determined by a stochastic process. Subjects learn about the underlying process during the course of the experiment and thereby form beliefs about the probability that a field is selected. Once a field is selected, the subject competes for a payoff that is associated with the number of resources allocated to that field. We implement two different payment rules, a lottery and an auction, and find that the lottery outperforms the auction. This relative underperformance of the auction can be attributed to the strategic uncertainty being too high in the auction and the strong incentives to misalign allocations.","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121217266","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Exploring Antecedents of Service Innovation Excellence in Manufacturing SMEs 制造业中小企业服务创新卓越的前因性探讨
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/umagsb.2016025
Kars Mennens, A. Gils, Gaby Odekerken Schröder, Wilko Letterie
{"title":"Exploring Antecedents of Service Innovation Excellence in Manufacturing SMEs","authors":"Kars Mennens, A. Gils, Gaby Odekerken Schröder, Wilko Letterie","doi":"10.26481/umagsb.2016025","DOIUrl":"https://doi.org/10.26481/umagsb.2016025","url":null,"abstract":"In this paper, we discuss factors that enable SMEs to achieve service innovation excellence. Using a knowledge based-perspective, we posit that absorptive capacity, which is the ability to identify, assimilate and exploit external knowledge, is one of these critical factors. Additionally, we investigate the effect of two potential drivers that can influence absorptive capacity, namely employee collaboration and an SME’s search breadth.","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129577870","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
The effects of higher education programme characteristics on allocation and performance of the graduates: a European view 高等教育课程特点对毕业生分配和表现的影响:欧洲观点
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/umaror.200604e
J. Heijke, C. Meng
{"title":"The effects of higher education programme characteristics on allocation and performance of the graduates: a European view","authors":"J. Heijke, C. Meng","doi":"10.26481/umaror.200604e","DOIUrl":"https://doi.org/10.26481/umaror.200604e","url":null,"abstract":"This paper provides new insight into the role of higher educational programmes in allocation and performance during the transition from education to the labour market. Using a unique data set on the labour market situation of graduates in nine European countries, we investigate the significance of five characteristics of the higher education programmes: (1) The academic versus discipline-specific character of the competencies generated by the curriculum; (2) the level of standardization of the generated competencies; (3) the extent by which working and learning activities are combined, (4) the level of internationalization of the educational programme and (5) the extent to which a programme provides exclusive entrance to particular occupations.First, our results reveal in particular the importance of the competence orientation of the education programme. Allocation of graduates to occupations takes place in a manner that yields a situation wherein the competence orientation of the education is in congruence with the competence orientation of the occupation. Second, we show that the standardization of the education programme with respect to the competencies students acquire plays an important role in both informing the employer, and reducing the adjustment costs. By that, it allows for a higher remuneration of the graduates.","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"212 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128612899","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 12
Educational presorting as a cause of occupational segregation 教育分类是职业隔离的一个原因
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/umaror.199903e
L. Borghans, L. Groot
{"title":"Educational presorting as a cause of occupational segregation","authors":"L. Borghans, L. Groot","doi":"10.26481/umaror.199903e","DOIUrl":"https://doi.org/10.26481/umaror.199903e","url":null,"abstract":"This article concentrates on the measurement of both occupational and educational segre gation between the men and women of the Dutch labour force. The majority of studies which have been conducted in this area are rather one-sided, concentrating on occupational segregation alone. However, occupational segregation can be split into three components. The first component concerns presorting as a consequence of the different educational choices made by boys and girls. The second component concerns postsorting (given their educational status), as a result of the differing occupational choices and opportunities for promotion between men and women during their careers. If men and women with the same educational background are directed towards different occupations, then postsorting may add to the occupational segregation which was already induced by the earlier educational segregation. This kind of postsorting increases the gap between occupational and educational segregation. The third component, which we refer to as reintegration is also a kind of postsorting, narrowing the gap between occupational and educational segregation. This occurs when men with a ''male type'' of education and women with a ''female type'' of education come together in one occupation. Given that educational segregation of the labour force is fixed in the short term, reintegration is the only effective, but probably difficult affirmative action program to reduce occupational segregation in the short term. More usual programs are ineffective and can even be counterproductive. After using the Duncan and Duncan segregation index we construct new segregation indices which measure the relative importance of pre- and postsorting in the occupational segregation more accurately. A more detailed insight into these three components is relevant when choosing the policy instruments needed to achieve equal employment opportunities for men and women.","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122296760","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Early school-leaving in the Netherlands : the role of student-, family- and school factors for early school-leaving in lower secondary education 荷兰的提早离校:学生、家庭和学校因素在初中教育中提早离校的作用
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/UMAROR.2008003
Traag Tanja, Rolf van der Velden
{"title":"Early school-leaving in the Netherlands : the role of student-, family- and school factors for early school-leaving in lower secondary education","authors":"Traag Tanja, Rolf van der Velden","doi":"10.26481/UMAROR.2008003","DOIUrl":"https://doi.org/10.26481/UMAROR.2008003","url":null,"abstract":"The role of student-, family- and school factors for early school-leaving in lower secondary educationMost studies on early school-leaving address only partial causes of why some students leave school early. This study aims to develop a more elaborate model to explain early school-leaving in lower secondary education, taking into account individual, family and school factors at the same time. By using a longitudinal dataset we are able to attribute clear causal relations between the different factors. We distinguish four groups of school-leavers, separating ‘dropouts’ (those without any qualification) from those who left school after attaining a diploma in lower secondary education (‘low qualified’), those who pursued education as an apprentice (‘apprentices’) and the ones who continued education and received a full upper secondary qualification (‘full qualification). Discerning these four groups shows clear differences in the background of different types of early school-leavers and in the effects of school factors.","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"117 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132655971","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 35
Competition on the labour market : an analysis of the position of types of training 劳动力市场的竞争:培训类型的地位分析
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/umaror.199305e
R. Velden, L. Borghans
{"title":"Competition on the labour market : an analysis of the position of types of training","authors":"R. Velden, L. Borghans","doi":"10.26481/umaror.199305e","DOIUrl":"https://doi.org/10.26481/umaror.199305e","url":null,"abstract":"","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123256869","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Training and early Retirement 培训和提前退休
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/umaror.2007003
R. Montizaan, L. Borghans, Didier Fouarge, Daniel Hamermesh, Ben Kriechel, Pierre Mohnen
{"title":"Training and early Retirement","authors":"R. Montizaan, L. Borghans, Didier Fouarge, Daniel Hamermesh, Ben Kriechel, Pierre Mohnen","doi":"10.26481/umaror.2007003","DOIUrl":"https://doi.org/10.26481/umaror.2007003","url":null,"abstract":"In this paper we analyze how retirement behavior is affected by a worker’s firm-specific or general training history. Using US data from the National Longitudinal Survey of Older Men and controlling for the effects of technological change and workers’ retirement preferences, we find that workers with a firm-specific training history retire earlier than workers with a general training background. This indicates that shared investments in firm-specific training are embedded in upward sloping earning profiles that create productivity-wage differentials for older workers.","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130428325","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Kwaliteit van gediplomeerde schoolverlaters van creatieve MBO-opleidingen 从有创意的mbo课程中毕业的毕业生的素质
GSBE research memoranda Pub Date : 1900-01-01 DOI: 10.26481/UMAREP.2010006
J. Coenen, T. Huijgen, Christoph Meng, G. Ramaekers
{"title":"Kwaliteit van gediplomeerde schoolverlaters van creatieve MBO-opleidingen","authors":"J. Coenen, T. Huijgen, Christoph Meng, G. Ramaekers","doi":"10.26481/UMAREP.2010006","DOIUrl":"https://doi.org/10.26481/UMAREP.2010006","url":null,"abstract":"Colofon© Researchcentrum voor Onderwijs en Arbeidsmarkt (ROA). Niets uit deze uitgave mag op enige manier worden verveelvoudigd zonder voorafgaande schriftelijke toestemming van de directeur van het ROA.Researchcentrum voor Onderwijs en ArbeidsmarktSchool of Business and Economics Maastricht University VormgevingROA secretariaat, Maastricht email: secretary-roa-sbe@maastrichtuniversity.nl website: www.roa.nl ISBN: 978-90-5321-487-9 juni 2010","PeriodicalId":275677,"journal":{"name":"GSBE research memoranda","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133258348","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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