Section C – Managerial and individual decision problems Asymmetric information and risk – Main problems: adverse selection and moral hazard Applications.
Christopher Dougherty EC220 - Introduction to econometrics (review chapter) Slideshow: exercise r.22 Original citation: Dougherty, C. (2012) EC220 - Introduction.
ELEC 303, Koushanfar, Fall’09 ELEC 303 – Random Signals Lecture 7 – Discrete Random Variables: Conditioning and Independence Farinaz Koushanfar ECE Dept.,
Estimators and estimates: An estimator is a mathematical formula.
Section C
Decision making Under Risk & Uncertainty. PAWAN MADUSHANKA MADUSHAN WIJEMANNA.
Estimators and estimates: An estimator is a mathematical formula. An estimate is a number obtained by applying this formula to a set of sample data. 1.
Executive Directors’ Remuneration MM&K/Manifest Survey Seminar Launch Monday 10 June 2013
1 UNBIASEDNESS AND EFFICIENCY Much of the analysis in this course will be concerned with three properties of estimators: unbiasedness, efficiency, and.
