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. Multiplicity does not necessarily preclude the estimation of a particular model (and in certain cases even improves its … identification), but ignoring it can lead to misspecifications. The survey starts with a general characterization of structural … models that highlights how multiplicity affects the classical paradigm. Because the information structure is an important …
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social interaction effects. Testing for such effects raises severe identification problems. We conduct an experiment that …
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Local interactions refer to social and economic phenomena where individuals' choices are influenced by the choices of others who are close to them socially or geographically. This represents a fairly accurate picture of human experience. Furthermore, since local interactions imply particular...
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This paper studies the identification and estimation of the decision rules that in- dividuals use to determine their … for point identification of the model. Then the model is estimated on data from an experiment involving two …
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