Motive and Opportunity: Order Choice in a Limit Order Book With Dispersed Information
ABSTRACT We test predictions of market microstructure theory relating to the determinants of order choice in a limit order book where information is dispersed among traders. Using an experimental limit order book, with a large state space, we find that informed traders exhibit patience, compatible with the ‘waiting game’ behaviour described in Foster ...
James Steeley +2 more
wiley +1 more source
Severity analysis of crashes involving in-state and out-of-state large truck drivers in Alabama: A random parameter multinomial logit model with heterogeneity in means and variances. [PDF]
Okafor S, Adanu EK, Jones S.
europepmc +1 more source
Similarity and substitution: Using pile sorting methods to explore economic behavior
Abstract Despite the common intuition that similar products are stronger demand substitutes, this study shows a more nuanced relationship between perceived similarity and utility substitution. Using pile sorting, a method where items are sorted into groups according to their similarity, we conduct large‐scale consumer surveys on purchasing 21 foods for
Jayson L. Lusk +2 more
wiley +1 more source
ABSTRACT Introduction Adolescents show a heightened propensity to take risks, relative to other age groups, especially in contexts involving peers. In the current study, we investigated whether peer contexts and age interact to promote collective risk taking, that is, when groups of peers decide to take a risk together.
Gabriele Chierchia +4 more
wiley +1 more source
R Package multgee: A Generalized Estimating Equations Solver for Multinomial Responses
The R package multgee implements the local odds ratios generalized estimating equations (GEE) approach proposed by Touloumis, Agresti, and Kateri (2013), a GEE approach for correlated multinomial responses that circumvents theoretical and practical ...
Anestis Touloumis
doaj +1 more source
Risk of adverse events in gastrointestinal endoscopy: Zero-inflated Poisson regression mixture model for count data and multinomial logit model for the type of event. [PDF]
Gemma M +3 more
europepmc +1 more source
Consumer attitudes, willingness to pay and hedonic evaluations of innovative legume gnocchi products
Abstract BACKGROUND With growing concerns over the adverse effects of animal‐derived products on health, animal welfare and the environment, the rising popularity of plant‐based foods underscores the importance of understanding consumer preferences and determining acceptance.
Muhammad Adzran Che Mustapa +5 more
wiley +1 more source
Categorical Data Analysis Using a Skewed Weibull Regression Model
In this paper, we present a Weibull link (skewed) model for categorical response data arising from binomial as well as multinomial model. We show that, for such types of categorical data, the most commonly used models (logit, probit and complementary log–
Renault Caron +3 more
doaj +1 more source
Population growth reflects the combined influence of regulation and density‐independent factors operating through demographic processes. Under exceptional circumstances (e.g. populations recovering from near‐extinction), growth may initially be weakly regulated but typically slows as negative density dependence (NDD) sets in.
Bård‐Jørgen Bårdsen +2 more
wiley +1 more source
Transportation Mode Choice Behavior with Multinomial Logit Model: Work and School Trips
This paper focuses on modeling transportation mode choice for commuting to work and school. The study employs a Multinomial Logit (MNL) model to examine how individuals choose their modes of transportation for work and school trips in Hawassa city ...
Yeshitila Deneke +3 more
doaj +1 more source

