M&A turned out to be significant form of corporate restructuring in post globalization period in Indian industries. The phenomenon is considered to be the most important strategy for gaining competitive advantage for firms. This study attempts to find out the determinants of M&A in Indian pharmaceutical industry. We use the PROWESS database provided by the Center for Monitoring Indian Economy f...

We propose 2 related models for the meta-analysis of diagnostic tests. Both models are based on the bivariate normal distribution for transformed sensitivities and false-positive rates. Instead of using the logit as a transformation for these proportions, we employ the tα family of transformations that contains the log, logit, and (approximately) the complementary log. A likelihood ratio test f...

Using micro data from European Value Survey (EVS) over 2008–2010, the paper investigates the individual and country variables that might affect the individual preferences towards the prevention of pollution, measured in terms of willingness to monetary contribute to it. Our focus is to interpreter the differences in light of the Environmental Tax Reform (ETR), carried out only in some countries...

The purpose of this study is to empirically investigate variation in the migration behaviour across individuals. Both a random parameters logit (RPL) and a standard logit model are employed. The migration models are estimated using a register-based data from Finland. The RPL model proves to be a flexible way to control for random variation in the parameters: the results suggest that many migrat...

-This paper presents a financial distress prediction model that combines the approaches of neural network learning and logit analysis. This combination can retain the advantages and avoid the disadvantages of the two kinds of approaches in solving such a problem. The radial basis function network (RBFN) is adopted to construct the prediction model. The architecture of RBFN allows the grouping o...

In an environment with strategic interaction, multiple equilibria yields a coordination problem and strategic uncertainty, even in the idealized setting of complete information. The resulting disequilibrium of beliefs leads to coordination failure, as demonstrated by many experiments. This paper examines two such coordination problems: the threshold game with a unitary public good and the marke...

-Signs of a potential business bankruptcy are evident well before actual bankruptcy occurs. For managers, creditors, and all other concerned parties this lag allows time to take remedial action. Therefore, building models, which signal approaching financial failure, have been an important part of corporate finance literature, in order to help management refocus their energy, revaluate their cor...

To treat with social phenomena, statistical and mathematical physics provides a powerful and rigorous method [1], and several papers have studied the models of social phenomena based on stochastic processes. Many researchers in econometrics or biometrics have proposed that the discrete choice including binary analysis may be formulated as the AR (autoregressive), logit, and probit models [2]. I...

the objective of this study was to assess the level of knowledge of the turkish farmers with regard to fertilizer usage. farmers in the kazova district of turkey's tokat province were interviewed regarding their soil maintenance practices. the interview was based on a standardized questionnaire the answers being recorded at the time of interview. simple random sampling method was used to d...

abstract the aim of this study was to assess the affects of agricultural extension programs on the promotion of the efficiency, knowledge and technical expertise of farmers. the study also aimed to analyze the factors affecting the acceptance of agricultural extension programs with regards to process of agricultural development. a survey consisting of 137 samples was conducted between wheat far...