From: Evaluating search and matching models using experimental data
Parameters | SSP Simulations | Â | |||
---|---|---|---|---|---|
Annual discount factor (β) | 0.82 | 0.82 | 0.82 | 0.77 | 0.87 |
Elasticity of search costs (z) | 1.50 | 2.00 | 3.50 | 1.85 | 1.85 |
British Columbia | Â | ||||
Re-calibrated search cost (c a ) | 0.252 | 0.170 | 0.112 | 0.157 | 0.224 |
Simulated versus actual control group (p-values) | Â | Â | Â | Â | Â |
12 | 0.033 | 0.033 | 0.033 | 0.033 | 0.033 |
36 | 0.171 | 0.171 | 0.171 | 0.171 | 0.171 |
53 | 0.299 | 0.299 | 0.299 | 0.299 | 0.299 |
All months | 0.364 | 0.364 | 0.364 | 0.364 | 0.364 |
Simulated versus actual program group (p-values) | Â | Â | Â | Â | Â |
12 | 0.001 | 0.001 | 0.001 | 0.513 | 0.007 |
36 | 0.001 | 0.500 | 0.001 | 0.299 | 0.757 |
53 | 0.001 | 0.660 | 0.018 | 0.075 | 0.468 |
All months | 0.001 | 0.756 | 0.003 | 0.131 | 0.654 |
Simulated versus actual impact (p-values) | Â | Â | Â | Â | Â |
12 | 0.001 | 0.260 | 0.001 | 0.383 | 0.484 |
36 | 0.023 | 0.148 | 0.001 | 0.815 | 0.235 |
53 | 0.016 | 0.655 | 0.017 | 0.630 | 0.803 |
New Brunswick | Â | ||||
Re-calibrated search cost (c a ) | 0.109 | 0.070 | 0.031 | 0.069 | 0.093 |
Simulated versus actual control group (p-values) | Â | Â | Â | Â | Â |
12 | 0.942 | 0.942 | 0.942 | 0.942 | 0.942 |
36 | 0.984 | 0.984 | 0.984 | 0.984 | 0.984 |
53 | 0.332 | 0.332 | 0.332 | 0.332 | 0.332 |
All months | 0.576 | 0.576 | 0.576 | 0.576 | 0.576 |
Simulated versus actual program group (p-values) | Â | Â | Â | Â | Â |
12 | 0.001 | 0.001 | 0.213 | 0.001 | 0.001 |
36 | 0.001 | 0.001 | 0.251 | 0.001 | 0.001 |
53 | 0.001 | 0.001 | 0.381 | 0.001 | 0.001 |
All months | 0.001 | 0.001 | 0.988 | 0.001 | 0.001 |
Simulated versus actual impact (p-values) | Â | Â | Â | Â | Â |
12 | 0.001 | 0.001 | 0.371 | 0.001 | 0.001 |
36 | 0.001 | 0.001 | 0.431 | 0.001 | 0.001 |
53 | 0.001 | 0.001 | 0.922 | 0.001 | 0.001 |