Many kinds of economic behavior appear to be governed by discrete and occasional individual choices. Despite this, econometric partial adjustment models perform relatively well at the aggregate level. Analyzing the classic employment adjustment problem, we show how discrete and occasional microeconomic adjustment is well described by a new form of partial adjustment model that aggregates the ac...

This study simultaneously models crash severity of both parties in two-vehicle accidents at signalized intersections in Taipei City, Taiwan, using a novel bivariate generalized ordered probit (BGOP) model. Estimation results show that the BGOP model performs better than the conventional bivariate ordered probit (BOP) model in terms of goodness-of-fit indices and prediction accuracy and provides...

In general, the distribution of residuals cannot be obtained explicitly. We give an asymptotic formula for the density of Pearson residuals in continuous generalized linear models corrected to order n−1, where n is the sample size. We define corrected Pearson residuals for these models that, to this order of approximation, have exactly the same distribution of the true Pearson residuals. Applic...

This study is aimed at uncovering a way that participants in conversation predict end-of-utterance for spontaneous Japanese speech. In spontaneous everyday conversation, the participants must predict the ends of utterances of a speaker to perform smooth turn-taking without too much gap. We consider that they utilize not only syntactic factors but also prosodic factors for the end-of-utterance p...