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Kenneth E. Train
Kenneth E. Train (born November 14, 1951) is an adjunct professor of economics at the University of California, Berkeley, United States. He is also Vice President oNERA Economic Consulting, Inc.in San Francisco, California. He received a bachelor's degree in economics at Harvard and PhD from UC Berkeley. He specializes in econometrics and regulation, with applications in energy, environmental studies, telecommunications and transportation. Kenneth Train has published three books and more than sixty articles. His most recent book, ''Discrete Choice Methods with Simulation'', deals with Discrete Choice, a new area in econometrics. His software for mixed logit estimation, which is distributed free on his universitwebsite has been used by researchers worldwide, and several commercial statistical packages have recently added mixed logit routines. Books 2009: * [http://elsa.berkeley.edu/~train/or.html Train, K., Optimal Regulation: The Economic Theory of Natural Monopoly, MIT Press, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard University
Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyman John Harvard (clergyman), John Harvard, it is the oldest institution of higher learning in the United States. Its influence, wealth, and rankings have made it one of the most prestigious universities in the world. Harvard was founded and authorized by the Massachusetts General Court, the governing legislature of Colonial history of the United States, colonial-era Massachusetts Bay Colony. While never formally affiliated with any Religious denomination, denomination, Harvard trained Congregationalism in the United States, Congregational clergy until its curriculum and student body were gradually secularized in the 18th century. By the 19th century, Harvard emerged as the most prominent academic and cultural institution among the Boston B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of California, Berkeley
The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California), is a Public university, public Land-grant university, land-grant research university in Berkeley, California, United States. Founded in 1868 and named after the Anglo-Irish philosopher George Berkeley, it is the state's first land-grant university and is the founding campus of the University of California system. Berkeley has an enrollment of more than 45,000 students. The university is organized around fifteen schools of study on the same campus, including the UC Berkeley College of Chemistry, College of Chemistry, the UC Berkeley College of Engineering, College of Engineering, UC Berkeley College of Letters and Science, College of Letters and Science, and the Haas School of Business. It is Carnegie Classification of Institutions of Higher Education, classified among "R1: Doctoral Universities – Very high research activity". Lawrence Berkeley National Laboratory was originally founded as par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Econometrics
Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics", '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8–22 Reprinted in J. Eatwell ''et al.'', eds. (1990). ''Econometrics: The New Palgrave''p. 1 p. 1–34Abstract ( 2008 revision by J. Geweke, J. Horowitz, and H. P. Pesaran). More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships." Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today. A basic tool for econometrics is the multiple linear regression model. ''Econome ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discrete Choice
In economics, discrete choice models, or qualitative choice models, describe, explain, and predict choices between two or more discrete alternatives, such as entering or not entering the labor market, or choosing between modes of transport. Such choices contrast with standard consumption models in which the quantity of each good consumed is assumed to be a continuous variable. In the continuous case, calculus methods (e.g. first-order conditions) can be used to determine the optimum amount chosen, and demand can be modeled empirically using regression analysis. On the other hand, discrete choice analysis examines situations in which the potential outcomes are discrete, such that the optimum is not characterized by standard first-order conditions. Thus, instead of examining "how much" as in problems with continuous choice variables, discrete choice analysis examines "which one". However, discrete choice analysis can also be used to examine the chosen quantity when only a few distinc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Journal Of Agricultural Economics
The ''American Journal of Agricultural Economics'' is a peer-reviewed academic journal of agricultural, natural resource, and environmental economics, as well as rural and community development. Published five times per year, it is one of two journals published by the Agricultural & Applied Economics Association, along with '' Applied Economic Perspectives and Policy''. It was established in 1919, at which point it was called the ''Journal of Farm Economics''. Editors The current editors are Amy Ando ( University of Illinois, Urbana-Champaign), Marc Bellemare (University of Minnesota), Jill McCluskey (Washington State University), and Jesse Tack (Kansas State University Kansas State University (KSU, Kansas State, or K-State) is a public university, public Land-grant university, land-grant research university with its main campus in Manhattan, Kansas, United States. It was opened as the state's land-grant coll ...). References External links * Journal page on Asso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Journal Of Econometrics
The ''Journal of Econometrics'' is a monthly peer-reviewed academic journal covering econometrics. It was established in 1973. The editors-in-chief are Michael Jansson (University of California Berkeley) and Aureo de Paula (University College London). According to the ''Journal Citation Reports'', the journal has a 2023 impact factor of 9.9. The journal covers work dealing with estimation and other methodological aspects of the application of statistical inference to economic data, as well as papers dealing with the application of econometric techniques to economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac .... Unusually among journals the title of Fellow of Journal of Econometrics is offered to anyone publishing four or more articles in the Journal.Maasoumi, E. (1992). Fel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daniel McFadden
Daniel Little McFadden (born July 29, 1937) is an American econometrician who shared the 2000 Nobel Memorial Prize in Economic Sciences with James Heckman. McFadden's share of the prize was "for his development of theory and methods for analyzing discrete choice". He is the Presidential Professor of Health Economics at the University of Southern California and Professor of the Graduate School at University of California, Berkeley. Early life and education McFadden was born on July 29, 1937, in Raleigh, North Carolina. He attended the University of Minnesota, where he received a B.S. in Physics, and a Ph.D. in Behavioral Science (Economics) five years later (1962). While at the University of Minnesota, his graduate advisor was Leonid Hurwicz, who was awarded the Economics Nobel Prize in 2007. Career In 1964, McFadden joined the faculty of University of California, Berkeley, focusing his research on choice behavior and the problem of linking economic theory and measurement. In 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Economists
This is an incomplete alphabetical list by surname of notable economists, experts in the social science of economics, past and present. For a history of economics, see the article History of economic thought. Only economists with biographical articles in Wikipedia are listed here. A ThomasAttwood.jpg, Thomas Attwood (economist), Thomas Attwood Sir Willim Ashley.jpg, Sir William Ashley Dr. Bhimrao Ambedkar.jpg, B. R. Ambedkar George Akerlof.jpg, George Akerlof Kenneth Arrow, Stanford University.jpg, Kenneth Arrow ALLAIS PN Maurice-24x30-2001b.jpg, Maurice Allais Aumann-1080b.jpg, Robert Aumann B Ali Babacan - World Economic Forum Annual Meeting 2012 crop.jpg, Ali Babacan Bakunin Nadar.jpg, Mikhail Bakunin Bastiat.jpg, Frédéric Bastiat 1Bawerk.png, Eugen von Böhm-Bawerk GaryBecker-May24-2008.jpg, Gary Becker Fischer Black.JPG, Fischer Black James Buchanan by Atlas network.jpg, James M. Buchanan Ben Bernanke official portrait.jpg, Ben Bernanke Walter block-teaching.jpg, Walte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EconPapers
Research Papers in Economics (RePEc) is a collaborative effort of hundreds of volunteers in many countries to enhance the dissemination of research in economics. The heart of the project is a decentralized database of working papers, preprints, journal articles, and software components. The project started in 1997. Its precursor NetEc dates back to 1993. Overview RePEc provides links to over 4,400,000 full-text articles, working papers, books, book chapters and software components. Most contributions are freely downloadable, but copyright remains with the author or copyright holder. It is among the largest internet repositories of academic material in the world. the collected data is leveraged by several services, the main ones being the websites IDEAS and EconPapers for exploration of the bibliographic data, and the RePEc Author Service for author profiles and authority control. Many bibliographic providers also use all or part of the data. Materials to RePEc can be added thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JSTOR
JSTOR ( ; short for ''Journal Storage'') is a digital library of academic journals, books, and primary sources founded in 1994. Originally containing digitized back issues of academic journals, it now encompasses books and other primary sources as well as current issues of journals in the humanities and social sciences. It provides full-text searches of almost 2,000 journals. Most access is by subscription but some of the site is public domain, and open access content is available free of charge. History William G. Bowen, president of Princeton University from 1972 to 1988, founded JSTOR in 1994. JSTOR was originally conceived as a solution to one of the problems faced by libraries, especially research and university libraries, due to the increasing number of academic journals in existence. Most libraries found it prohibitively expensive in terms of cost and space to maintain a comprehensive collection of journals. By digitizing many journal titles, JSTOR allowed libraries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of California, Berkeley Alumni
A university () is an institution of tertiary education and research which awards academic degrees in several academic disciplines. ''University'' is derived from the Latin phrase , which roughly means "community of teachers and scholars". Universities typically offer both undergraduate and postgraduate programs. The first universities in Europe were established by Catholic monks. The University of Bologna (), Italy, which was founded in 1088, is the first university in the sense of: *being a high degree-awarding institute. *using the word (which was coined at its foundation). *having independence from the ecclesiastic schools and issuing secular as well as non-secular degrees (with teaching conducted by both clergy and non-clergy): grammar, rhetoric, logic, theology, canon law and notarial law.Hunt Janin: "The university in medieval life, 1179–1499", McFarland, 2008, , p. 55f.de Ridder-Symoens, Hilde''A History of the University in Europe: Volume 1, Universities in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
