Demand for contract enforcement in a barter environment

Do greater potential gains from trade enhance or erode contracting institutions? In an anonymous exchange environment traders can sign a contract, hence agreeing to interact with the assigned partner, or wait till the next match. Any contract can be endorsed (for a payment) by the enforcement agency, which then observes the interaction with a positive probability known to the traders and punishes any detected infractors. Demand for contract enforcement is the highest amount a proposer of a contract is ready to pay to the agency, in a stationary subgame perfect equilibrium. It may be strictly positive, as we show, even when contracts are broken. Surprisingly, larger potential gains from exchange may dampen the demand, but not always: the demand is boosted under agencies that oversee the interactions frequently.     

A new goodness of fit test for the equality of multinomial cell probabilities versus trend alternatives

In this paper, a new test statistic is presented for testing the null hypothesis of equal multinomial cell probabilities versus various trend alternatives. Exact asymptotic critical values are obtained, The power of the test is compared with several other statistics considered by Choulakian et al (1995), The test is shown to have better power for certain trend alternatives.     

SPECIAL ISSUE： ONLINE LITERATURE IN CHINA： PRESENT SITUATION AND THEORETICAL REFLECTIONS Online Writing in the Course of Discourse Transformation： A Review of Ten Outstanding Online Novels of the Past Decade

中国当代文学阅读层面上的价值认同正在经受前所未有的挑战。特别是新世纪以来，新的写作群体、写作方式不断涌现，使固有的理论批评体系遭到撞击、被撕裂，从而导致理论批评不时出现失语现象。随着网络文学的迅猛发展，非主流文学在阅读与消费环节中的影响日益增强，这就使得上述问题转化成了新的矛盾——互相不能包容的阅读隔膜。十多年来，网络上产生了海量的小说文本，逐渐形成了二十多种类型；本文兼顾时间跨度和创作类型，遴选了十年中不同类型的十部佳作，并针对它们区别于纸质媒体的艺术审美和创作特点进行了述评。     

Coming out within transnational families: intimate confessions under Western eyes*

This article is about ‘coming out’ and the process of disclosure of queer migrants within their transnational families. Despite debates about the decreasing relevance of coming out in contemporary western societies, we argue that the process of coming out continues to be a central mode of belonging and identity construction for queers in the context of transnational migration. Interviews with migrants from Poland, Russia and Turkey in Germany on their coming out experiences show that people rely on a variety of boundaries, i.e. gender, class and ethnicity, to construct a desired way of life. Theoretically, these insights indicate the need to reframe post-structuralist theories on power, most prominently advanced by Pierre Bourdieu and Michel Foucault, from an intersectional perspective. The findings in this paper pinpoint to the challenges of transnational social life queer migrants are confronted with through empirical illustrations of perceptions of differences and ambiguities between immigration and emigration contexts. Furthermore, we advocate that sexuality is a crucial dimension of migration processes determining self-definition in relation to people and places, which makes their stories of coming out always also stories of ‘coming home’.     

Conditional Inference With a Functional Nuisance Parameter

This paper shows that the problem of testing hypotheses in moment condition models without any assumptions about identification may be considered as a problem of testing with an infinite‐dimensional nuisance parameter. We introduce a sufficient statistic for this nuisance parameter in a Gaussian problem and propose conditional tests. These conditional tests have uniformly correct asymptotic size for a large class of models and test statistics. We apply our approach to construct tests based on quasi‐likelihood ratio statistics, which we show are efficient in strongly identified models and perform well relative to existing alternatives in two examples.     

THE FAILURE TO PREDICT THE GREAT RECESSION—A VIEW THROUGH THE ROLE OF CREDIT

Much has been written about why economists failed to predict the latest crisis. Reading the literature, it seems that this crisis was so obvious that economists must have been blind not to see it coming. We approach this failure by looking at one of the key variables in this analysis, the evolution of credit. We compare the conclusions reached in the recent literature with those that could have been drawn from an ex‐ante analysis. We show that the effect of credit on the business cycle cannot be exploited from a policymaker's point of view.     

Testing Overdispersion in CUBE Models

A practical problem with large-scale survey data is the possible presence of overdispersion. It occurs when the data display more variability than is predicted by the variance–mean relationship. This article describes a probability distribution generated by a mixture of discrete random variables to capture uncertainty, feeling, and overdispersion. Specifically, several tests for detecting overdispersion will be implemented on the basis of the asymptotic theory for maximum likelihood estimators. We discuss the results of a simulation experiment concerning log-likelihood ratio, Wald, Score, and Profile tests. Finally, some real datasets are analyzed to illustrate the previous results.     

Influence diagnostics for the Weibull-Negative-Binomial regression model with cure rate under latent failure causes

In this paper, we propose a flexible cure rate survival model by assuming that the number of competing causes of the event of interest follows the Negative Binomial distribution and the time to event follows a Weibull distribution. Indeed, we introduce the Weibull-Negative-Binomial (WNB) distribution, which can be used in order to model survival data when the hazard rate function is increasing, decreasing and some non-monotonous shaped. Another advantage of the proposed model is that it has some distributions commonly used in lifetime analysis as particular cases. Moreover, the proposed model includes as special cases some of the well-know cure rate models discussed in the literature. We consider a frequentist analysis for parameter estimation of a WNB model with cure rate. Then, we derive the appropriate matrices for assessing local influence on the parameter estimates under different perturbation schemes and present some ways to perform global influence analysis. Finally, the methodology is illustrated on a medical data.