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125,716
Effects with Random Assignment: Results for Dartmouth Roommates
, 2001
"... This paper uses a unique data set to measure peer effects among college roommates. Freshman year roommates and dormmates are randomly assigned at Dartmouth College. I find that peers have an impact on grade point average and on decisions to join social groups such as fraternities. Residential peer e ..."
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Cited by 554 (6 self)
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effects are markedly absent in other major life decisions such as choice of college major. Peer effects in GPA occur at the individual room level, whereas peer effects in fraternity membership occur both at the room level and the entire dorm level. Overall, the data provide strong evidence
Trading is hazardous to your wealth: The common stock investment performance of individual investors
- JOURNAL OF FINANCE
, 2000
"... Individual investors who hold common stocks directly pay a tremendous performance penalty for active trading. Of 66,465 households with accounts at a large discount broker during 1991 to 1996, those that trade most earn an annual return of 11.4 percent, while the market returns 17.9 percent. The ave ..."
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Cited by 494 (27 self)
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. The average household earns an annual return of 16.4 percent, tilts its common stock investment toward high-beta, small, value stocks, and turns over 75 percent of its portfolio annually. Overconfidence can explain high trading levels and the resulting poor performance of individual investors. Our central
Panel Cointegration; Asymptotic and Finite Sample Properties of Pooled Time Series Tests, With an Application to the PPP Hypothesis; New Results. Working paper
, 1997
"... We examine properties of residual-based tests for the null of no cointegration for dynamic panels in which both the short-run dynamics and the long-run slope coefficients are permitted to be heterogeneous across individual members of the panel+ The tests also allow for individual heterogeneous fixed ..."
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Cited by 529 (13 self)
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We examine properties of residual-based tests for the null of no cointegration for dynamic panels in which both the short-run dynamics and the long-run slope coefficients are permitted to be heterogeneous across individual members of the panel+ The tests also allow for individual heterogeneous
The role of deliberate practice in the acquisition of expert performance
- Psychological Review
, 1993
"... The theoretical framework presented in this article explains expert performance as the end result of individuals ' prolonged efforts to improve performance while negotiating motivational and external constraints. In most domains of expertise, individuals begin in their childhood a regimen of ef ..."
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Cited by 690 (15 self)
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The theoretical framework presented in this article explains expert performance as the end result of individuals ' prolonged efforts to improve performance while negotiating motivational and external constraints. In most domains of expertise, individuals begin in their childhood a regimen
The Evolution of Social and Economic Networks
- JOURNAL OF ECONOMIC THEORY 106, 265–295
, 2002
"... We examine the dynamic formation and stochastic evolution of networks connecting individuals. The payoff to an individual from an economic or social activity depends on the network of connections among individuals. Over time individuals form and sever links connecting themselves to other individuals ..."
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Cited by 889 (37 self)
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individuals based on the improvement that the resulting network offers them relative to the current network. In addition to intended changes in the network there is a small probability of unintended changes or errors. Predictions can be made regarding the likelihood that the stochastic process will lead
The capacity of wireless networks
- IEEE TRANSACTIONS ON INFORMATION THEORY
, 2000
"... When n identical randomly located nodes, each capable of transmitting at bits per second and using a fixed range, form a wireless network, the throughput @ A obtainable by each node for a randomly chosen destination is 2 bits per second under a noninterference protocol. If the nodes are optimally p ..."
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Cited by 3243 (42 self)
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placed in a disk of unit area, traffic patterns are optimally assigned, and each transmission’s range is optimally chosen, the bit–distance product that can be transported by the network per second is 2 @ A bit-meters per second. Thus even under optimal circumstances, the throughput is only 2 bits per
Privacy-Preserving Data Mining
, 2000
"... A fruitful direction for future data mining research will be the development of techniques that incorporate privacy concerns. Specifically, we address the following question. Since the primary task in data mining is the development of models about aggregated data, can we develop accurate models with ..."
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Cited by 844 (3 self)
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without access to precise information in individual data records? We consider the concrete case of building a decision-tree classifier from tredning data in which the values of individual records have been perturbed. The resulting data records look very different from the original records
The spread of obesity in a large social network over 32 years
- NEW ENGLAND JOURNAL OF MEDICINE
, 2007
"... The prevalence of obesity has increased substantially over the past 30 years. We performed a quantitative analysis of the nature and extent of the person-to-person spread of obesity as a possible factor contributing to the obesity epidemic. Methods We evaluated a densely interconnected social networ ..."
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Cited by 509 (23 self)
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, spouse, and neighbors. Results Discernible clusters of obese persons (body-mass index [the weight in kilograms divided by the square of the height in meters], ≥30) were present in the network at all time points, and the clusters extended to three degrees of separation. These clusters did not appear
Does Compulsory School Attendance Affect Schooling and Earnings?
, 1990
"... This paper presents evidence showing that individuals' season of birth is related to their educational attainment because of the combined effects of school start age policy and compulsory school attendance laws. In most school districts, individuals born in the beginning of the year start sc ..."
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Cited by 662 (13 self)
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variables estimate of the rate of return to education is remarkably close to the ordinary least squares estimate, suggesting that there is little ability bias in conventional estimates of the return to education. The results also imply that individuals who are compelled to attend school longer than
Indivisible labor and the business cycle
- Journal of Monetary Economics
, 1985
"... A growth model with shocks to technology is studied. Labor is indivisible, so all variability in hours worked is due to fluctuations in the number employed. We find that, unlike previous equilibrium models of the business cycle, this economy displays large fluctuations in hours worked and relatively ..."
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Cited by 805 (10 self)
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and relatively small fluctuations in productivity. This finding is independent of individuals’ willingness to substitute leisure across time. This and other findings are the result of studying and comparing summary statistics describing this economy, an economy with divisible labor, and post-war U.S. time series
Results 1 - 10
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125,716