We develop a minimum distance estimator for dynamic games of incomplete information. We take a two-step approach, following Hotz and Miller (1993), based on the pseudo-model that does not solve the dynamic equilibrium so as to circumvent the potential indeterminacy issues associated with...

We develop a minimum distance estimator for dynamic games of incomplete information. We take a two-step approach, following Hotz and Miller (1993), based on the pseudo-model that does not solve the dynamic equilibrium in order to circumvent the potential indeterminacy issues associated with...

The estimation of dynamic games is known to be a numerically challenging task. In this paper we propose an alternative class of asymptotic least squares estimators to Pesendorfer and Schmidt-Dengler's (2008), which includes several well known estimators in the literature as special cases. Our...

Manufacturers frequently pay fees to supermarkets when they temporarily reduce prices of their products. These funds are used by supermarkets to cover the costs of promotional campaigns and to compensate reductions in markups during promotions. Anecdotal evidence suggests that these fees are...