Mississippi Medical Center, Jackson, MS; Jackson Heart Study Field Center, Jackson State University, Jackson, MS; Departments of Genetics, Biostatistics, and Computer Science, University of North Carolina, Chapel Hill, NC; Departments of Medicine and Pediatrics, University of Mississippi Medical Center, Jackson, MS; and Department of Epidemiology, University of Washington School of Public Healt...

We experimentally investigate the Jackson and Moselle (2002) model where legislators bargain over policy proposals and the allocation of private goods. Key comparative static predictions of the model hold with the introduction of private goods, including “strange bedfellow” coalitions. Private goods help to secure legislative compromise and increase the likelihood of proposals passing, an outco...

During the Mobies PI meeting, July 16-18, 2001, Jackson Hole, the Electronic Throttle Control (ETC) problem was developed as an introductory powertrain challenge problem. This problem has served mainly as a workhorse to understand applications of Phase I tools. In particular, Paul Griffiths provided a baseline realization of the ETC specifications and Phase I participants provided analysis and ...

We experimentally investigate the Jackson-Moselle (2002) model where legislators bargain over policy proposals and the allocation of private goods. Key comparative static predictions of the model hold with the introduction of private goods including “strange bedfellow” coalitions. Private goods help to secure legislative compromise and increase the likelihood of proposals passing, an outcome no...

The solvency standards implicit in bank capital levels, as reported eg in Jackson et al (2002), are much higher than those required for top ratings, if standard single period economic capital models are taken seriously. We explain this excess capital puzzle by forward looking rating targeting behaviour by banks, which aims at maintaining rating above a minimum target in future periods. We calib...