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We consider a class of household production models characterized by a dichotomy property. In these models the amount of time spent on household production does not depend on the household utility function, conditional on household members having a paid job. We analyse the (non-parametric)...
Persistent link: https://www.econbiz.de/10005252120
We develop an empirical discrete-choice interaction model with a finite number of agents. We characterize its equilibrium properties-in particular the correspondence between interaction strength, number of agents, and the set of equilibria-and propose to estimate the model by means of simulation...
Persistent link: https://www.econbiz.de/10005764717
This paper discusses, estimates and compares some microeconometric models for simultaneous discrete endogenous variables. The models are based on the assumption that observed endogenous variables represent the outcome of a static discrete game. I discuss models based on non-cooperative...
Persistent link: https://www.econbiz.de/10005582513
Persistent link: https://www.econbiz.de/10005582518