A Method for Implementing Counterfactual Experiments in Models with Multiple Equilibria

This paper proposes a simple homotopy method for implementing counterfactual experiments in estimated models with multiple equilibria. The key assumption in this method is that the (unknown) equilibrium selection function does not jump discontinuously between equilibria as we change continuously the value of the structural parameters

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Year of publication:	2016
Authors:	Aguirregabiria, Victor
Publisher:	[S.l.] : SSRN
Subject:	Gleichgewichtsmodell \| Equilibrium model \| Theorie \| Theory

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Extent:	1 Online-Ressource (13 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics Letters, Vol. 114, No. 2, 2012 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 1, 2012 erstellt
Classification:	C10 - Econometric and Statistical Methods: General. General ; C60 - Mathematical Methods and Programming. General ; L10 - Market Structure, Firm Strategy, and Market Performance. General
Source:	ECONIS - Online Catalogue of the ZBW

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