This paper proposes an estimation method for a repeated auction game under the presence of capacity contraints. The estimation strategy is computationally simple as it does not require solving for the equilibrium of the game. It uses a two stage approach. In the first stage the distribution of...

This paper proposes an estimation method for a repeated auction game under the presence of capacity contraints. The estimation strategy is computationally simple as it does not require solving for the equilibrium of the game. It uses a two stage approach. In the first stage the distribution of...

Drugs and crime are known to be correlated, but the direction of causality and the magnitude of the relationship have not been well established. We take a new approach to estimating this relationship and examine a little used, multi-site dataset of 3,500 inner-city drug users entering treatment....

Drugs and crime are known to be correlated, but the direction of causality and the magnitude of the relationship have not been well established. We take a new approach to estimating this relationship and examine a little used, multi-site dataset of 3,500 inner-city drug users entering treatment....

This paper proposes several statistical tests for finite state Markov games to examine the null hypothesis that the data are generated from a single equilibrium. We formulate tests of (i) the conditional choice probabilities, (ii) the steady-state distribution of states and (iii) the conditional...