Several related estimators of the parameters of a single equation of a simultaneous equation model are proposed. They are shown to be consistent and asymptotically efficient when the residual of the ...

An estimation procedure is presented that may be used to simultaneously estimate the parameters in a multiple equation regression model. The regression models considered are shown to arise from ...

Modeling counterparty risk is computationally challenging because it requires the simultaneous evaluation of all trades between each counterparty under both market and credit risk. We present a ...

A model for world crude oil and natural gas markets is estimated. It confirms low price and high income elasticities of demand for both crude oil and natural gas, which explains the market power of ...

X-ray crystallography is by far the most widely used method to determine atomic-resolution structures of biopolymers but is limited to samples that form well-ordered, three-dimensional crystals.

Simultaneous equations are two linear equations that can be solved using bar models. By remembering that the same letter will always have the same value we can work out the missing values. To solve ...