Search results for "certainty"
showing 10 items of 1057 documents
Functional principal component analysis for multivariate multidimensional environmental data
2015
Data with spatio-temporal structure can arise in many contexts, therefore a considerable interest in modelling these data has been generated, but the complexity of spatio-temporal models, together with the size of the dataset, results in a challenging task. The modelization is even more complex in presence of multivariate data. Since some modelling problems are more natural to think through in functional terms, even if only a finite number of observations is available, treating the data as functional can be useful (Berrendero et al. in Comput Stat Data Anal 55:2619–2634, 2011). Although in Ramsay and Silverman (Functional data analysis, 2nd edn. Springer, New York, 2005) the case of multiva…
Advances in spatial economic data analysis: methods and applications
2021
Spatial economic studies traditionally exploit areal data at the regional or sub-regional level. More recently, scholars have started to exploit spatial data of a different nature and, at the same time, extend the fields of application in economics. Specifically, this special issue contributes to the spatial economic literature by providing empirical evidence on a wide range of phenomena (socio-economic deprivation, land price volatility, electoral competition, real estate market, firm survival and tourism economics) and exploiting data at the municipality, firm, house and even individual level. At the same time, it tackles some of the methodological issues faced by the above-mentioned anal…
Cultural environments and the appointment of females directors on boards: An analysis from a global perspective
2020
This is the pre-peer reviewed version of the following article: Cultural environments and the appointment of female directors on boards: An analysis from a global perspective, which has been published in final form at https://doi.org/10.1002/csr.2065. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. Hofstede's six cultural dimensions (power distance, individualism, masculinity, uncertainty avoidance, long‐term orientation and indulgence) has received little attention concerning the presence of female directors on boards. Moreover, past research has only focussed on four or five of these six cultural dimensi…
THE SHAPLEY-SOLIDARITY VALUE FOR GAMES WITH A COALITION STRUCTURE
2013
A value for games with a coalition structure is introduced, where the rules guiding cooperation among the members of the same coalition are different from the interaction rules among coalitions. In particular, players inside a coalition exhibit a greater degree of solidarity than they are willing to use with players outside their coalition. The Shapley value is therefore used to compute the aggregate payoffs for the coalitions, and the solidarity value to obtain the payoffs for the players inside each coalition.
Shall we follow? Impact of reputation concern on information security managers’ investment decisions
2020
Information security (infosec) is important for organizations. While budgeting for infosec is a crucial resource allocation decision, infosec managers may choose to follow other fellow experts’ recommendations or baseline practices. The present paper uses reputational herding theory to explain the decision made by infosec managers to use a “let's follow others” strategy in this context. Based on a sample of 106 organizations in Finland, we find that infosec managers’ ability to accurately predict the benefit of infosec investment, as well as their reputations, have significant effects on motivating them to discount their own information. Infosec managers’ discounting of their own informatio…
Is the European Social Progress Index robust? Implications for the design of European Union regional Cohesion Policy
2023
The European Social Progress Index (EU-SPI) is a composite index launched by the European Commission in 2016 to assess social progress. It is constructed using non-economic indicators, and is intended to serve as a tool for European regional policies. This paper shows that the 2020 release of the index is robust to multiple alternative designs, and thus suitable for policymaking. The EU-SPI and gross domestic product per capita (GDPpc) are positively correlated, although they are in no way substitutes. These findings suggest that the EU-SPI could complement the GDPpc as an instrument to determine eligibility and achieve a more citizen-oriented allocation of European Cohesion Policy funds.
Standard vs random dictator games: On the effects of role uncertainty and framing on generosity
2021
This project was conducted while Ernesto Mesa-Vázquez was visiting Universidad Loyola Andalucia. He wants to particularly thank Pablo Brañas-Garza and Diego Jorrat for continued guidance and assessment with the experimental design. Álvaro Núñez-Bermúdez and the faculty members of the Economics and Business Sciences department at the University of Seville were very helpful in providing assistance for running the experiment. The paper has benefited from comments and suggestions provided by Maria Paz Espinosa, Giuseppe Attanassi, José Enrique Vila, Iván Arribas, Marco Faillo, Cristina Borra and participants at the Loyola Behavioral Lab and the Early Career Researchers in Experimental Economics…
Lo verosímil en la ética de Aristóteles: una aporía en el vocabulario filosófico griego
2007
While the mainstream of modern moral philosophy has always assumed that the characteristic situation in moral judgments should be the certitude, Aristotle’s moral philosophy is dominated by the idea of verisimilitude. As a matter of fact, its main concept, namely «virtue», is doubly permeated by this idea, both in its psychological and epistemological sides: we cannot know with certitude (only with verisimilitude) what is entailed by the adscription of a virtue (e.g. generosity), both generally and in a particular case. Nevertheless, verisimilitude is a good enough ground for action.<br><br>Mientras que la corriente principal de la filosofía moral moderna da por supuesto que la …
Centres and peripheries in Finland: Granger causality tests using panel data
2009
Abstract Despite their importance from a policy point of view, empirical studies on the effects of growth centres in their regions are rare. This paper analyses mutual relationships between growth processes in centres and their surrounding hinterlands in 19 Finnish regions. Annual population data from the period 1970–2004 are used. A novel testing procedure based on an extension of the Granger causality definition in a panel data context is applied. Heterogeneity between regions is allowed. Both the homogeneous non-causality hypothesis and the homogeneous causality hypothesis are rejected. Causal processes prove to be heterogeneous. Causality from centres to peripheries is found for nine re…
The influence of geography on the spatial agglomeration of production in the European Union
2012
Abstract We investigate the relative impact of geographic features on the location of production in the European Union. Specifically, we attempt to quantify how much of the spatial pattern of GDP can be attributed to exogenous first-nature elements alone and how much can be derived from endogenous second-nature factors. In order to disentangle both effects empirically, we control for second-nature factors. A method based on the decomposition of the per capita GDP variance is applied to a panel of 1,171 European NUTS 3 regions for 2006. We demonstrate that variable and model misspecifications may bias results unless proper allowance is made for spatial autocorrelation and spatial heterogenei…