The American Economist, Vol. 42, No. 1 (Spring, 1998), pp. 42-55 (14 pages) This paper investigates rivalry in R&D expenditures for firms within the U. S. Automobile industry. It attempts to falsify ...
This paper presents new models for simultaneous relationships among endogenous categorical variables. Previous investigators have argued that the loglinear/logit framework is insufficiently rich for ...
Simultaneous equations like 𝒚 = 2𝒙 - 1 and 𝒚 = 𝒙 + 1 can be represented graphically. To solve the equations graphically, the two lines 𝒚 = 𝒙 + 1 and 𝒚 = 2𝒙 - 1 are drawn on the same diagram.