Likelihood based estimation of the parameters of state space models can be carried out via a particle filter.  In this paper we show how to make valid inference on such parameters when the model is incorrect.  In particular we develop a simulation strategy for computing sandwich covariance...

Suppose we wish to carry out likelihood based inference but we solely have an unbiased simulation based estimator of the likelihood.  We note that unbiasedness is enough when the estimated likelihood is used inside a Metropolis-Hastings algorithm.  This result has recently been introduced in...

This paper is empirical study, using new experimental data, of repeated game strategies in trust games; its goal is to identify strategies that people use in repeated games. We develop a strategy inference method that maps observed actions to a set of best fitting unobserved repeated game...

It is commonly asserted that such problems as inner-city traffic congestion and pollution can be understood as examples of the Prisoner`s Dilemma Game (PD), but there is a dearth of empirical research that tests this assertion. 587 car owners in Oxford City were presented with three pairs of...

Using village data from Tanzania, we test whether gifts and loans between households are voluntary while correcting for mis-reporting by the giving and receiving households.  Two maintained assumptions underlie our analysis: answers to a question on who people would turn to for help are good...

This paper asks how well a general equilibrium agency cost model describes the dynamic relationship between credit variables and the business cycle. A Bayesian VAR is used to obtain probability intervals for empirical correlations. The agency cost model is found to predict the leading,...

This paper considers the problem of determining the extent of any state dependencies in women`s labor supply behavior. Employment outcomes are modeled using a dynamic multinomial choice framework including persistent unobserved heterogeneity with a relatively general distribution. In order to...

A multivariate extension of the standard labour suppy model is presented. In the multivariate time allocation model leisure is disaggregated into a number of non market activities including sports, volunteer work and home production. Using data from the 2000 UK Time Use Survey, a linear...