4,818 research outputs found
Multicollinearity and maximum entropy leuven estimator
Multicollinearity is a serious problem in applied regression analysis. Q. Paris (2001) introduced the MEL estimator to resolve the multicollinearity problem. This paper improves the MEL estimator to the Modular MEL (MMEL) estimator and shows by Monte Carlo experiments that MMEL estimator performs significantly better than OLS as well as MEL estimators.maximum entropy
Network Externality and Software Piracy
copyright, software piracy, network externality, market structure, competition
Network Externality and Commercial Software Piracy
Contrary to the earlier findings under end-users piracy where the existence of strong network externality was shown to be a reason for allowing limited piracy, we find when the piracy is commercial in nature the optimal policy for the original software developer is to protect its product irrespective of the strength of network externality in the software users market.Copyright violations, Commercial/Retail piracy, Network externality, Quality
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