Showing 1 - 10 of 21
with random coefficients and exogenous regressors in both equations. We establish a profound non-identification result: the … outcome equation or any marginal, except the one on the endogenous regressor. Identification continues to fail, even if we …
Persistent link: https://www.econbiz.de/10011286494
This paper studies the nonparametric identification and estimation of voters' preferences when voters are ideological …
Persistent link: https://www.econbiz.de/10011317976
Individual heterogeneity is an important source of variation in demand. Allowing for general heterogeneity is needed for correct welfare comparisons. We consider general heterogenous demand where preferences and linear budget sets are statistically independent. We find that the dimension of...
Persistent link: https://www.econbiz.de/10009773907
the use of instrumental variables and discuss conditions under which partial and point identification are obtained. We … update the identification results of Chernozhukov and Hansen (2005). We illustrate the modelling assumptions through …
Persistent link: https://www.econbiz.de/10009747939
In parametric models a sufficient condition for local identification is that the vector of moment conditions is … the true value that are sufficient for local identification. We apply these results to obtain new, primitive … identification conditions in several important models, including nonseparable quantile instrumental variable (IV) models, single …
Persistent link: https://www.econbiz.de/10009667984
additional information (e.g., validation data, known error distributions, repeated measurements or instruments). In contrast, we … rule, this identification result should have a wide applicability. It leads to a new perspective on handling measurement …
Persistent link: https://www.econbiz.de/10009669584
This paper considers nonparametric identification of a two-stage entry and bidding model for auctions which we call the …'s identification properties have not been well understood. We establish identification results for the general AS model, using … partially identified. We derive constructive identification results in both cases, which can readily be refined to produce the …
Persistent link: https://www.econbiz.de/10009669595
identification), but ignoring it can lead to misspecifications. The survey starts with a general characterization of structural … guide to identification and estimation strategies, I discuss games of complete and incomplete information separately …
Persistent link: https://www.econbiz.de/10009627470
We study identification and estimation in first-price auctions with risk-averse bidders and selective entry, building … standard models as special cases. It poses, however, a unique methodological challenge - existing results on identification … restriction - on the copula governing selection into entry - is typically sufficient to restore point identification of all …
Persistent link: https://www.econbiz.de/10010500672
Individual heterogeneity is an important source of variation in demand. Allowing for general heterogeneity is needed for correct welfare comparisons. We consider general heterogenous demand where preferences and linear budget sets are statistically independent. Only the marginal distribution of...
Persistent link: https://www.econbiz.de/10010411294