This paper extends the robust Bayesian inference in misspeci…ed models of Müller (2013, Econometrica) to Bayesian model selection of a set of misspeci…ed models. It is shown that when a model is misspeci…ed, under the Kullback-Leibler loss function, the risk associated with Müller’s posterior is less (weakly) than that with the original posterior distribution asymptotically. Based on this new r...

A significant body of literature suggests that enterprises in the public education sector may differ from ‘standard production’ market firms in important ways. Substantial government involvement is then legitimized. However, this literature often uses within-sector comparisons of school types, rather than cross-sector comparisons of the education sector with other sectors. This paper compares t...

In this paper, we analyze and compare general development and individual behavior on two non-profit internet-based hospitality exchange services – bewelcome.org and warmshowers.org. We measure the effort needed to achieve a reallife interaction, whereby the advantages of mutual altruism arise. The effort needed is the communication quantified in units of time. Since the amount of effort is not ...

This study aimed to analyze the effect of material mastery on pre-service teachers’ teaching readiness Freedom Learn-Independent Campus (MBKM) in assistance economic education program at Universitas Tanjungpura. The background this was many teachers economics programs still experience unpreparedness carrying out learning activities class while participating assistance. used a quantitative appro...