Chapter 16 Learning Objectives Obtain and interpret the multiple regression equation Make estimates using the regression model: Point value of the dependent variable,y Intervals: Confidence interval for the conditional mean of y Prediction interval for an individual y observation

1. Binary Choice Model for Panel Data

Why Use Instrumental Variables? e Instrumental Variables(IV)estimation is used when your model has endogenous xs That is, whenever Cov(x,l)≠0 Thus. i can be used to address the problem of omitted variable bias 2 Additionally iv can be used to solve the classic errors-in-variables problem Economics 20- Prof anderson

Functional form e We' ve seen that a linear regression can really fit nonlinear relationships 2 Can use logs on RHS, LHS or both Can use quadratic forms ofx's Can use interactions ofx's e How do we know if we've gotten the right functional form for our model? Economics 20- Prof anderson

Man-Machine Systems 105.2 Several Natures of Man-Machine Control-A Catalog of Behavioral Complexities 105.3 Full-Attention Compensatory Operations--The Crossover model Crossover Frequency for Full-Attention Operations. Remnant Duane Mcruer Effects of Changes in the Task Variables. Effects of Divided 105.1 Introduction

Corporate finance 1. Theoretical Approaches 1.1. Corporate Finance in Arrow-Debreu world Complete market, perfect market, perfect competition, symmetric information, private consumption Risk: risk sharing, risk pooling, technology shocks, individual vs aggregate shocks Lucas(1978): existence of equilibrium asset price Merton: continuous-time pricing model

Customary international law is an enigma It is produced by the decentralized actions of states, and it generally lacks centralized enforcement mechanisms. Political science realists and some rationalist legal scholars argue that customary international law cannot affect state behavior: that it is\epiphenomenal.\ This article develops a model of an n-player prisoner's dilemma in the customary international law context that shows that it is plausible that states would comply with customary international law under certain

1. Please express the model of natural rate of unemployment according to blanchards book and then give your comments 2. How can you explain the aggregate demand and aggregate supply curves. How they are different from the usual definition on demand and supply curves

Wrapping up E coli chemotaxis (L7& L8) Main points of last 2 lectures L7: Biological background what is the function of the individual molecules L8: modeling of all possible chemotactic reactions why doesn't this model reproduce experimentally observed perfect adaptation

MERS Model-based programming of Cooperating explorers Brian c. williams CSAIL Dept. Aeronautics and astronautics Massachusetts Institute of Technology