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We study a simultaneous, complete-information game played by p = 1 P agents. Each p has an ordinal decision variable Y p ∈ A p ={ 0 1 M p} , where M p can be unbounded, A p is p’s action space, and each element in A p is an action , that is, a potential value for Y p . The collective action...
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Estimation and measurement of consumption externalities are still challenging problems in applied research. In this paper, externalities as Nash equilibrium are estimated using consumer demand theory and a large data set. We estimate Nash equilibrium consumption externalities in petrol budget...
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We provide a tractable characterization of the sharp identification region of the parameters ø in a broad class of incomplete econometric models. Models in this class have set valued predictions that yield a convex set of conditional or unconditional moments for the observable model variables....
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matching process, we find that the first best age-dynamic of firing taxes and hiring subsidies is typically hump-shaped. Taking … contradiction with the existing policies in most OECD countries. -- Search ; matching ; endogenous destruction ; older workers …
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