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We study a general class of models with social interactions that might display multiple equilibria. We propose an estimation procedure for these models and evaluate its efficiency and computational feasibility relative to different approaches taken to the curse of dimensionality implied by the...
Persistent link: https://www.econbiz.de/10009251202
Persistent link: https://www.econbiz.de/10010554324
We study a general class of models with social interactions that might display multiple equilibria. We propose an estimation procedure for these models and evaluate its efficiency and computational feasibility relative to different approaches taken to the curse of dimensionality implied by the...
Persistent link: https://www.econbiz.de/10009151255
We study a general class of models with social interactions that might display multiple equilibria. We propose an estimation procedure for these models and evaluate its efficiency and computational feasibility relative to different approaches taken to the curse of dimensionality implied by the...
Persistent link: https://www.econbiz.de/10010287029
We consider a generic environment with (potentially) multiple equilibria and analyze conditions for identification of the structural parameters. We then study conditions that allow for the estimation of both the structural parameters and the “selected equilibriumâ€. We focus on a...
Persistent link: https://www.econbiz.de/10005069301
Persistent link: https://www.econbiz.de/10003941491
Persistent link: https://www.econbiz.de/10009234566
We study a general class of models with social interactions that might display multiple equilibria. We propose an estimation procedure for these models and evaluate its efficiency and computational feasibility relative to different approaches taken to the curse of dimensionality implied by the...
Persistent link: https://www.econbiz.de/10009266750
We simulate a spatial behavioral model of the diffusion of an infection to understand the role of geographic characteristics: the number and distribution of outbreaks, population size, density, and agents' movements. We show that several invariance properties of the SIR model with respect to...
Persistent link: https://www.econbiz.de/10012481444
In Historical Economics, Persistence studies document the persistence of some historical phenomenon or leverage this persistence to identify causal relationships of interest in the present. In this chapter, we analyze the implications of allowing for heterogeneous treatment effects in these...
Persistent link: https://www.econbiz.de/10012482332