Showing 1 - 10 of 130,710
Persistent link: https://www.econbiz.de/10010408994
This paper proposes several statistical tests for finite state Markov games to examine the null hypothesis that the data are generated from a single equilibrium. We formulate tests of (i) the conditional choice and state transition probabilities, (ii) the steady-state distribution, and (iii) the...
Persistent link: https://www.econbiz.de/10011084649
additively and interacts with treatment variables. We present identification and estimation methods for parameters of interest in …
Persistent link: https://www.econbiz.de/10014322772
This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the …This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the … theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are …
Persistent link: https://www.econbiz.de/10013520714
Persistent link: https://www.econbiz.de/10009734271
Persistent link: https://www.econbiz.de/10009581814
Persistent link: https://www.econbiz.de/10009697961
model's implication in an estimation algorithm. We begin with a review of an elementary version of the framework and a …
Persistent link: https://www.econbiz.de/10014024586
This paper analyzes two-stage rank-order tournaments. A principal decides (i) how to spread prize money across the two periods, (ii) how to weigh performance in the two periods when awarding the second-period prize, and (iii) whether to reveal performance after the first period. The information...
Persistent link: https://www.econbiz.de/10010410615
Persistent link: https://www.econbiz.de/10012543393