Michael Keane

Theory-driven choice models KANNAN SRINIVASAN GSTA, Carnegie-Mellon University (2008)

Wilfred Amaldoss, Patrick Bajari, Wes Hutchinson, Michael Katz, Michael Keane, Robert Meyer, ...

We explore issues in theory-driven choice modeling by focusing on partial-equilibrium models of dynamic structural demand with forward-looking decision-makers, full equilibrium models that integrate...

The M/M/1 queue is Bernoulli (2008)

Keane, Michael, O'Connell, Neil

The classical output theorem for the M/M/1 queue, due to Burke (1956), states that the departure process from a stationary M/M/1 queue, in equilibrium, has the same law as the arrivals process, that...

Then � (2008)

Michael Keane, Karl Petersen

Abstract: We give a short proof of a strengthening of the Maximal Ergodic Theorem which also immediately yields the Pointwise Ergodic Theorem. Let (X, B, µ) be a probability space, T: X → X a...

Then � (2008)

Michael Keane, Karl Petersen

Abstract: We give a short proof of a strengthening of the Maximal Ergodic Theorem which also immediately yields the Pointwise Ergodic Theorem. Let (X, B, µ) be a probability space, T: X → X a...

and (2007)

John Geweke, Daniel Houser, Michael Keane

Over the last decade econometric inference based on simulation techniques has become increasingly common, particularly for latent variable models. The reason is that such models often generate...

Preliminary And Incomplete - Please Do Not Quote Without Permission Behavior In A Dynamic Decision Problem: (2007)

Evidence From The, Daniel Houser, Michael Keane, Kevin Mccabe

this paper is as follows: In section 2 we give some background on the literature on experimental analysis of behavior in complex decision problems. In section 3 we present our experimental design. In...

The Price Consideration Model of Brand Choice (2007)

Ching, Andrew, Erdem, Tulin, Keane, Michael

The workhorse brand choice models in marketing are the multinomial logit (MNL) and nested multinomial logit (NMNL). These models place strong restrictions on how brand share and purchase incidence...

A Characterization of the Morse Minimal Set up to Topological Conjugacy (2007)

Coven, Ethan M., Keane, Michael, LeMasurier, Michelle

We establish necessary and sufficient conditions for a dynamical system to be topologically conjugate to the Morse minimal set, the shift orbit closure of the Morse sequence, and conditions for...

Once were peripheral: creating media capacity in East Asia (2007)

Michael Keane

Critical scholarship often views media concentration as an expression of corporate capitalism: that is, powerful media owned and supported by wealthy private interests. This paper is about critical...

Once were peripheral: creating media capacity in East Asia (2007)

Michael Keane

Critical scholarship often views media concentration as an expression of corporate capitalism: that is, powerful media owned and supported by wealthy private interests. This paper is about critical...

Once were peripheral: creating media capacity in East Asia (2007)

Michael Keane

Critical scholarship often views media concentration as an expression of corporate capitalism: that is, powerful media owned and supported by wealthy private interests. This paper is about critical...

The Visitors to Zero of Some Deterministic Random Walks (2006)

Aaronson, Jon, Keane, Michael

We study the asymptotic behaviour of the functions $${\Psi }_{n}\left(x\right)=\left\{1\le k\le n:{\phi }_{k}\left(x\right)=0\right\}$$ where $${\varphi }_{n}\left(x\right)={\sum }_{k=0}^{n-1}\phi...

Easy and nearly simultaneous proofs of the Ergodic Theorem and Maximal Ergodic Theorem (2006)

Keane, Michael, Petersen, Karl

We give a short proof of a strengthening of the Maximal Ergodic Theorem which also immediately yields the Pointwise Ergodic Theorem.

Ergodicity of the adic transformation on the Euler graph (2006)

Bailey, Sarah, Keane, Michael, Petersen, Karl, Salama, Ibrahim

The Euler graph has vertices labelled (n,k) for n=0,1,2,... and k=0,1,...,n, with k+1 edges from (n,k) to (n+1,k) and n-k+1 edges from (n,k) to (n+1,k+1). The number of paths from (0,0) to (n,k) is...

Plasma drug concentrations and physiological measures in 'dance party' participants (2006)

Irvine, Rodney James, Keane, Michael, Felgate, P., McCann, U., Callaghan, P., White, Jason Mark

The increasing use of (7) 3,4-methylenedioxymethamphetamine (MDMA) in the setting of large dance parties (‘raves’) and clubs has been the source of some concern, because of potential acute...

Plasma drug concentrations and physiological measures in 'dance party' participants (2006)

Irvine, Rodney James, Keane, Michael, Felgate, P., McCann, U., Callaghan, P., White, Jason Mark

The increasing use of (7) 3,4-methylenedioxymethamphetamine (MDMA) in the setting of large dance parties (‘raves’) and clubs has been the source of some concern, because of potential acute...

Ergodicity of the adic transformation on the Euler graph (2006)

Sarah Bailey, Michael Keane, Karl Petersen, Ibrahim A. Salama, S. Bailey, M. Keane, ...

The Euler graph has vertices labelled (n,k) for n = 0,1,2,... and k = 0,1,...,n, with k + 1 edges from (n,k) to (n + 1,k) and n − k + 1 edges from (n,k) to (n + 1,k + 1). The number of paths from...

Smoothly mixing regressions (2006)

John Geweke, Michael Keane

This paper extends the conventional Bayesian mixture of normals model by permitting state probabilities to depend on observed covariates. The dependence is captured by a simple multinomial probit...

Bayesian Cross-Sectional Analysis of the Conditional Distribution of Earnings of Men in (2005)

The United States, John Geweke, Michael Keane

This study develops practical methods for Bayesian nonparametric inference in regression models. The emphasis is on extending a nonparametric treatment of the regression function to the full...

(Re)presenting local content: program adaptation in Asia and the Pacific (2005)

Keane, Michael, Moran, Albert Joseph

This article looks at the increasing incidence of television format flows in the Asia-Pacific, and draws upon findings from a three-year, 11-country study. It argues that format activity is both a...

Then � {f ∗ (f − λ) ≥ 0. (2004)

Michael Keane, Karl Petersen, Michael Keane, Karl Petersen

Let (X, B, µ) be a probability space, T: X → X a (possibly noninvertible) measure-preserving transformation, and f ∈ L 1 (X, B, µ). Let Akf = 1 k−1 � k j=0 fT j, f ∗ N = sup 1≤k≤N...

Behavior in a Dynamic Decision Problem: An Analysis of Experimental Evidence Using a Bayesian Type Classification Algorithm (2004)

Daniel Houser, Michael Keane, Kevin McCabe

Different people may use different strategies, or decision rules, when solving complex decision problems. We provide a new Bayesian procedure for drawing inferences about the nature and number of...

Television Across Asia: Television Industries, programme formats and globalization (2004)

Moran, Albert Joseph, Keane, Michael

This book explores the trade in television programme formats, which is a crucially important ingredient in the globalization of culture, in Asia. It examines how much traffic there is in programme...

The effect of soil cultivation methods on rooting depth of young Sitka spruce (Picea sitchensis (Bong.) Carr.) trees on wet mineral soils in Ireland (2003)

Nieuwenhuis, Maarten, Wills, Jacqueline, Gardiner, Jack, Sundström, Erik, Keane, Michael

The research reported in this article, carried out in the period 1995–1997, was part of a large‐scale project investigating the impact of soil cultivation/drainage practices upon...

Television, the market, and state management of culture in urban China (1998)

Keane, Michael.

Alternate pages blank. Facsimile of the author's original dissertation. Includes bibliographical references.

Random coin tossing (1997)

Matthew Harris, Matthew Harris, Michael Keane, Michael Keane

Informatics, Delft University of Technology, The Netherlands. Copies of these reports may be obtained from the bureau of the Faculty of Technical Mathematics and Informatics, Julianalaan 132, 2628 BL...

and Federal Reserve Bank of Minneapolis (1997)

John Geweke, Michael Keane

This paper generalizes the normal probit model of dichotomous choice by introducing mixtures of normals distributions for the disturbance term. By mixing on both the mean and variance parameters and...

Alternative computational approaches to inference in the multinomial probit model

John Geweke, Michael Keane, David Runkle

This research compares several approaches to inference in the multinomial probit model, based on Monte-Carlo results for a seven choice model. The experiment compares the simulated maximum likelihood...

Theory-Driven Choice Models

Tülin Erdem, Kannan Srinivasan, Wilfred Amaldoss, Patrick Bajari, Hai Che, Teck Ho, ...

We explore issues in theory-driven choice modeling by focusing on partial-equilibrium models of dynamic structural demand with forward-looking decision-makers, full equilibrium models that integrate...

A Political Economy Model of Congressional Careers

Daniel Diermeier, Michael Keane, Antonio Merlo

Our main goal is to quantify the returns to a career in the United States Congress. We specify a dynamic model of career decisions of a member of Congress and estimate this model using a newly...

Measuring the employment effects of the rural renewal tax scheme

Michael Keane, Eoghan Garvey

Keane M. J. and Garvey E. (2006) Measuring the employment effects of the Rural Renewal Tax Scheme, Regional Studies 40, 359--374. The paper presents evidence on the effectiveness of the Rural Renewal...

A Political Economy Model of Congressional Careers

Daniel Diermeier, Michael Keane, Antonio Merlo

Theories in political economy depend critically on assumptions about motivations of politicians. Our analysis starts from the premise that politicians, like other economic agents, are rational...

Behavior in a Dynamic Decision Problem: An Analysis of Experimental Evidence Using a Bayesian Type Classification Algorithm

Daniel Houser, Michael Keane, Kevin McCabe

Different people may use different strategies, or decision rules, when solving complex decision problems. We provide a new Bayesian procedure for drawing inferences about the nature and number of...

A Political Economy Model of Congressional Careers

Daniel Diermeier, Michael Keane, Antonio Merlo

Theories in political economy depend critically on assumptions about motivations of politicians. Our analysis starts from the premise that politicians, like other economic agents, are rational...

A Political Economy Model of Congressional Careers: Supplementary Materiel

Daniel Diermeier, Michael Keane, Antonio Merlo

This paper contains additional details about the model in our paper “A Political Economy Model of Congressional Careers” (Diermeier, Keane and Merlo (2004)), as well as the computational methods...

Behavior in a dynamic decision problem: An analysis of experimental evidence using a bayesian type classification algorithm

Daniel Houser, Michael Keane, Kevin McCabe

It has been long recognized that different people may use different strategies, or decision rules, when playing games or dealing with other complex decision problems. We provide a new Bayesian...

HEURISTICS USED BY HUMANS WITH PREFRONTAL CORTEX DAMAGE: TOWARD AN EMPIRICAL MODEL OF PHINEAS GAGE

Daniel Houser, Kevin McCabe, Michael Keane, Antoine Bechara

In many research contexts it is necessary to group experimental subjects into behavioral “types.” Usually, this is done by pre-specifying a set of candidate decision-making heuristics and then...

Generalized Indirect Inference for Discrete Choice Models

Michael Keane

This paper develops and implements a practical simulation-based method for estimating dynamic discrete choice models. The method, which can accommodate lagged dependent variables, serially correlated...

Computationally intensive methods for integration in econometrics

Geweke, John, Keane, Michael, J.J. Heckman, E.E. Leamer

Until recently, inference in many interesting models was precluded by the requirement of high dimensional integration. But dramatic increases in computer speed, and the recent development of new...

A Structural Model of Multiple Welfare Program Participation and Labor Supply.

Keane, Michael, Moffitt, Robert

Work on estimating the labor supply effects of high marginal tax rates in welfare programs has been hindered by the difficulty of estimating the effects of participation in multiple welfare programs...

Learning About Computers: An Analysis of Information Search and Technology Choice

Tülin Erdem, Michael Keane, T. Öncü, Judi Strebel

We estimate a dynamic model of how consumers learn about and choose between different brands of personal computers (PCs). To estimate the model, we use a panel data set that contains the search and...

A functional distance approach to regionalisation

Michael Keane

Keane M. J. (1978) A functional distance approach to regionalisation, Reg. Studies 12, 379--386. The problem of regional delimitation can be viewed as the problem of how to aggregate subareas into...

The Significance of Spatial Dependencies in Small Area Income Determination Models

Michael Keane

KEANE M. J. (1989) The significance of spatial dependencies in small area income determination models, Reg. Studies 23, 000--00. This paper uses a logit model of consumer spatial behaviour to derive...

Real Wages over the Business Cycle: Estimating the Impact of Heterogeneity with Micro Data.

Keane, Michael, Moffitt, Robert, Runkle, David

New evidence on the correlation between the cycle and the real wage is provided by using panel data to adjust for the aggregation cum selectivity bias that arises when those who move in and out of...

The Price Consideration Model of Brand Choice

Ching, Andrew, Erdem, Tulin, Keane, Michael

The workhorse brand choice models in marketing are the multinomial logit (MNL) and nested multinomial logit (NMNL). These models place strong restrictions on how brand share and purchase incidence...

Sources of Advantageous Selection: Evidence from the Medigap Insurance Market

Fang, Hanming, Keane, Michael, Silverman, Dan

We provide strong evidence of advantageous selection in the Medigap insurance market, and analyze its sources. Using Medicare Current Beneficiary Survey (MCBS) data, we find that, conditional on...

Managing Price Risk in a Changing Policy Environment: The Case of the EU Dairy Industry

O’Connor, Declan, Keane, Michael, Barnes, Edel

The EU dairy industry faces an unprecedented level of change. The anticipated removal of milk quotas and the move to a less restricted global trade environment will provide the industry with both...