Estimation of Structural Models Using Experimental Data From the Lab and the Field

ISBN-13: 9781009362634 / Angielski / Miękka / 2023

Charles Bellemare

Opis

Behavioral economics provides a rich set of explicit models of non-classical preferences and belief formation which can be used to estimate structural models of decision making. At the same time, experimental approaches allow the researcher to exogenously vary components of the decision making environment.

Spis treści

1. Introduction; 2. A motivating example; 3. Estimation using first-order conditions; 4. Estimation using discrete choice models; 5. Uncertainty in structural models; 6. Model Validation; 7. Conclusion; 8. Online Appendix.