Estimation of Nonparametric Functions in Simultaneous Equations Models, with an Application to Consumer Demand
We present a method for consistently estimating nonparametric functions and distributions in simultaneous equations models. This method is used to identify and estimate a random utility model of consumer demand. Our identification conditions for this particular model extend the results of Houthakker (1950), Uzawa (1971) and Mas-Colell (1977), where a deterministic utility function is uniquely recovered from its deterministic demand function.
Year of publication: |
1998-03
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Authors: | Brown, Donald J. ; Matzkin, Rosa L. |
Institutions: | Cowles Foundation for Research in Economics, Yale University |
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