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Testing for equilibrium multiplicity in dynamic Markov games
Otsu, Taisuke; Pesendorfer, Martin; Takahashi, Yuya - 2013
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...
Persistent link: https://www.econbiz.de/10010199002
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Testing equilibrium multiplicity in dynamic games
Otsu, Taisuke; Pesendorfer, Martin; Takahashi, Yuya - 2014
Persistent link: https://www.econbiz.de/10010408994
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Measuring the Effects of Environmental Regulation in Oligopolistic Markets with Differentiated Products
Ferraz, Claudio; Fiuza, Eduardo P.S; Seroa da Motta, Ronaldo - 2001
nested-logit model taking into consideration the choice between car classes and nationality. An oligopoly framework with …
Persistent link: https://www.econbiz.de/10014126991
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Uncertainty and disagreement in equilibrium models
Najjar, Nabil I. al-; Shmaya, Eran - In: Journal of political economy 123 (2015) 4, pp. 778-808
Persistent link: https://www.econbiz.de/10011379700
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Modeling and testing for heterogeneity in observed strategic behavior
Haruvy, Ernan; Stahl, Dale O.; Wilson, Paul W. - In: The review of economics and statistics 83 (2001) 1, pp. 146-157
Persistent link: https://www.econbiz.de/10001563027
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The optimal and actual use of EVA versus earnings in executive compensation
Garvey, Gerald; Milbourn, Todd - 2000
Persistent link: https://www.econbiz.de/10001487347
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Control benefits and CEO discipline in automatic bankruptcy auctions
Eckbo, B. Espen; Thorburn, Karin S. - In: Journal of financial economics 69 (2003) 1, pp. 227-258
Persistent link: https://www.econbiz.de/10001769874
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Culture, training and technological adaptation in the small and medium enterprises : the case of the Canary Islands through the application of the Rasch model
Acosta, Zamira; Febles, Jaime - In: International journal of management & enterprise … 10 (2011) 2/3, pp. 232-247
Persistent link: https://www.econbiz.de/10009300060
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Quantifying Managerial Ability : A New Measure and Validity Tests
Demerjian, Peter R. - 2011
We propose a measure of managerial ability, based on managers' efficiency in generating revenues, which is available … ability, as more able managers appear to utilize equity issuance proceeds more effectively, illustrating that our more precise …
Persistent link: https://www.econbiz.de/10013118938