2 papers
econ.GN2021
The Black Market for Beijing License Plates
Øystein Daljord, Guillaume Pouliot, Junji Xiao +1
Black markets can reduce the effects of distortionary regulations by reallocating scarce resources toward consumers who value them most. The illegal nature of black markets, howeve…
math.ST2018
The Maximum Likelihood Threshold of a Path Diagram
Mathias Drton, Christopher Fox, Andreas Käufl +1
Linear structural equation models postulate noisy linear relationships between variables of interest. Each model corresponds to a path diagram, which is a mixed graph with directed…