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This paper proposes an estimator and develops an inference procedure for the number of roots of functions which are nonparametrically identified by conditional moment restrictions. It is shown that a smoothed plug-in estimator of the number of roots is super-consistent under i.i.d. asymptotics,...
Persistent link: https://www.econbiz.de/10011105878
This paper discusses nonparametric identification in a model of sorting in which location choices depend on the location choices of other agents as well as prices and exogenous location characteristics. In this model, demand slopes and hence preferences are not identifiable without further...
Persistent link: https://www.econbiz.de/10011117749
Persistent link: https://www.econbiz.de/10014527014
Persistent link: https://www.econbiz.de/10012309410
What is the purpose of pre-analysis plans, and how should they be designed? We model the interaction between an agent who analyzes data and a principal who makes a decision based on agent reports. The agent could be the manufacturer of a new drug, and the principal a regulator deciding whether...
Persistent link: https://www.econbiz.de/10015061942
We consider the problem of repeatedly choosing policies to maximize social welfare. Welfare is a weighted sum of private utility and public revenue. Earlier outcomes inform later policies. Utility is not observed, but indirectly inferred. Response functions are learned through experimentation....
Persistent link: https://www.econbiz.de/10015061979
We consider the problem of repeatedly choosing policies to maximize social welfare. Welfare is a weighted sum of private utility and public revenue. Earlier outcomes inform later policies. Utility is not observed, but indirectly inferred. Response functions are learned through experimentation....
Persistent link: https://www.econbiz.de/10015061983
What is the purpose of pre-analysis plans, and how should they be designed? We model the interaction between an agent who analyzes data and a principal who makes a decision based on agent reports. The agent could be the manufacturer of a new drug, and the principal a regulator deciding whether...
Persistent link: https://www.econbiz.de/10015061986
We consider the problem of repeatedly choosing policies to maximize social welfare. Welfare is a weighted sum of private utility and public revenue. Earlier outcomes inform later policies. Utility is not observed, but indirectly inferred. Response functions are learned through experimentation....
Persistent link: https://www.econbiz.de/10014637430
What is the purpose of pre-analysis plans, and how should they be designed? We model the interaction between an agent who analyzes data and a principal who makes a decision based on agent reports. The agent could be the manufacturer of a new drug, and the principal a regulator deciding whether...
Persistent link: https://www.econbiz.de/10014637491