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Nonseparable multinomial choice models in cross-section and panel data
Chernozhukov, Victor; Fernández-Val, Iván; Newey, … - 2017
attributes and multidimensional unobserved heterogeneity with cross-section and panel data. We show that derivatives of choice … identification results to models with endogenous heterogeneity using either a control function or panel data. In time stationary … panel models with two periods, we find that differences over time of derivatives of choice probabilities identify utility …
Persistent link: https://www.econbiz.de/10011665568
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Identification and estimation of marginal effects in nonlinear panel models
Chernozhukov, Victor; Fernández-Val, Iván; Hahn, Jinyong - 2008
This paper gives identification and estimation results for marginal effects in nonlinear panel models. We find that …
Persistent link: https://www.econbiz.de/10003754838
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Adaptive partial policy innovation : coping with ambiguity through diversification
Manski, Charles F. (contributor) - 2008
This paper develops a broad theme about policy choice under ambiguity through study of a particular decision criterion. The broad theme is that, where feasible, choice between a status quo policy and an innovation is better framed as selection of a treatment allocation than as a binary decision....
Persistent link: https://www.econbiz.de/10003739660
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Nonparametric identification in nonseparable panel data models with generalized fixed effects
Hoderlein, Stefan; White, Halbert - 2009
well known objects like the slope coefficient in the semiparametric panel data binary choice model with fixed effects. We …. -- Nonseparable Models ; Identification ; Panel Data ; Semiparametric ; Binary Choice …
Persistent link: https://www.econbiz.de/10003908561
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Endogenous semiparametric binary choice models with heteroscedasticity
Hoderlein, Stefan - 2009
In this paper we consider endogenous regressors in the binary choice model under a weak median exclusion restriction, but without further specification of the distribution of the unobserved random components. Our reduced form specification with heteroscedastic residuals covers various...
Persistent link: https://www.econbiz.de/10003908565
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An instrumental variable model of multiple discrete choice
Chesher, Andrew; Rosen, Adam M.; Smolinski, Konrad - 2011
This paper studies identification of latent utility functions in multiple discrete choice models in which there may be endogenous explanatory variables, that is explanatory variables that are not restricted to be distributed independently of the unobserved determinants of latent utilities. The...
Persistent link: https://www.econbiz.de/10008842214
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Individual heterogeneity, nonlinear budget sets and taxable income
Blomquist, Nils Sören; Kumar, Anil; Liang, Che-yuan; … - 2015
Many studies have estimated the effect of taxes on taxable income. To account for nonlinear taxes these studies either use instrumental variables approaches that are not fully consistent or impose strong functional form assumptions. None allow for general heterogeneity in preferences. In this...
Persistent link: https://www.econbiz.de/10010517073
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Breaking the curse of dimensionality in conditional moment inequalities for discrete choice models
Chen, Le-Yu; Lee, Sokbae - 2015
This paper studies inference of preference parameters in semiparametric discrete choice models when these parameters are not point-identified and the identified set is characterized by a class of conditional moment inequalities. Exploring the semiparametric modeling restrictions, we show that...
Persistent link: https://www.econbiz.de/10011281242
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Identification of preferences in network formation games
Paula, Áureo de; Richards-Shubik, Seth; Tamer, Elie T. - 2015 - This version: June 2015
This paper provides a framework for identifying preferences in a large network under the assumption of pairwise stability of network links. Network data present difficulties for identification, especially when links between nodes in a network can be interdependent: e.g., where indirect...
Persistent link: https://www.econbiz.de/10011283639
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Maximum score estimation of preference parameters for a binary choice model under uncertainty
Chen, Le-Yu; Lee, Sokbae; Sung, Myung Jae - 2013
This paper develops maximum score estimation of preference parameters in the binary choice model under uncertainty in which the decision rule is affected by conditional expectations. The preference parameters are estimated in two stages: we estimate conditional expectations nonparametrically in...
Persistent link: https://www.econbiz.de/10009734334