102 research outputs found
Spatial Autocorrelation Models for Galton's Problem
The effects of Galton's problem are discussed within a framework provided by the linear regression model. We examine five illustrative diffusion models and evaluate alternative estimation procedures (es pecially Naroll's linked pairs test and Wirsing's second order partial correlation). While no one procedure is adequate for all models, the specification of a diffusion model provides guidance in the selection of an appropriate estimation procedure.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/68209/2/10.1177_106939718101600106.pd
CEO pay, shareholder returns, and accounting profits
We assess the impact on CEO pay (including salary, cash bonus, and benefits in kind) of changes in both accounting and shareholder returns in 99 British companies in the years 1972-89. After correcting for heterogeneity biases inherent in the standard specifications of the problem, we find a strong positive relationship between CEO pay and within-company changes in shareholder returns, and no statistically significant relationship between CEO pay and within-company changes in accounting returns. Differences between firms in long-term average profitability do appear to have a substantial effect on CEO pay, while differences between firms in shareholder returns add nothing to the within-firm pay dynamics.These findings call into question the rationale for explicitly share-based incentive schemes
Cosmological phase transitions in warped space: gravitational waves and collider signatures
We study the electroweak phase transition within a 5D warped model including
a scalar potential with an exponential behavior, and strong back-reaction over the metric,
in the infrared. By means of a novel treatment of the superpotential formalism, we explore
parameter regions that were previously inaccessible. We nd that for large enough values
of the t'Hooft parameter (e.g. N = 25) the holographic phase transition occurs, and it
can force the Higgs to undergo a rst order electroweak phase transition, suitable for
electroweak baryogenesis. The model exhibits gravitational waves and colliders signatures.
It typically predicts a stochastic gravitational wave background observable both at the
Laser Interferometer Space Antenna and at the Einstein Telescope. Moreover the radion
tends to be heavy enough such that it evades current constraints, but may show up in
future LHC runs.The work of EM is supported by the Spanish MINEICO under
Grant FPA2015-64041-C2-1-P and FIS2017-85053-C2-1-P, by the Junta de Andaluc a under
Grant FQM-225, by the Basque Government under Grant IT979-16, and by the Spanish
Consolider Ingenio 2010 Programme CPAN (CSD2007-00042). The research of EM is also
supported by the Ram on y Cajal Program of the Spanish MINEICO, and by the Universidad
del Pa s Vasco UPV/EHU, Bilbao, Spain, as a Visiting Professor. GN is supported
by the Swiss National Science Foundation (SNF) under grant 200020-168988. The work
of MQ is partly supported by Spanish MINEICO under Grant CICYT-FEDER-FPA2014-
55613-P and FPA2017-88915-P, by the Severo Ochoa Excellence Program of MINEICO
under Grant SEV-2016-0588, and by CNPq PVE fellowship project 405559/2013-5
Beyond Gaussian Averages: Redirecting Management Research Toward Extreme Events and Power Laws
Robust Estimation of Wage Dispersion with Censored Data: An Application to Occupational Earnings Risk and Risk Attitudes
1978). PITFALLS IN THE RESOLUTION OF IQ INHERITANCE
As a social scientist with no training in genetics, I am grateful for the opportunity to discuss the resolution of IQ inheritance at this conference. I am filled not only with gratitude but also with trepidation. For Morton & Rao (1977
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