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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

Partial independence in nonseparable models

Masten, Matthew A.; Poirier, Alexandre - 2016

We analyze identification of nonseparable models under three kinds of exogeneity assumptions weaker than full statistical independence. The first is based on quantile independence. Selection on unobservables drives deviations from full independence. We show that such deviations based on quantile...

Persistent link: https://www.econbiz.de/10011488374

Misclassification and the hidden silent rivalry

Hu, Yingyao; Lin, Zhongjian - 2018

The interaction of economic agents is one of the most important elements in economic analyses. While most empirical studies investigate peer effects on objective final achievements, peer effects on subjective outcomes are inherently difficult to identify and estimate because these variables are...

Persistent link: https://www.econbiz.de/10011788366

Best subset binary prediction

Chen, Le-yu; Lee, Sokbae - 2017

We consider a variable selection problem for the prediction of binary outcomes. We study the best subset selection procedure by which the explanatory variables are chosen by maximizing Manski (1975, 1985)'s maximum score type objective function subject to a constraint on the maximal number of...

Persistent link: https://www.econbiz.de/10011775359

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

Heterogeneous choice sets and preferences

Barseghyan, Levon; Coughlin, Maura; Molinari, Francesca; … - 2020

We propose a robust method of discrete choice analysis when agents' choice sets are unobserved. Our core model assumes nothing about agents' choice sets apart from their minimum size. Importantly, it leaves unrestricted the dependence, conditional on observables, between agents' choice sets and...

Persistent link: https://www.econbiz.de/10012295247