Showing 1 - 10 of 454
This paper studies how interest groups allocate campaign contributions when congressmen are connected by social ties. We establish conditions for the existence of a unique Nash equilibrium in pure strategies for the contribution game and characterize the associated allocation of the interest...
Persistent link: https://www.econbiz.de/10012455941
This paper provides an algorithm for computing Markov Perfect Nash Equilibria (Maskin and Tirole, 1988a and b) for dynamic models that allow for heterogeneity among firms and idiosyncratic (or firm specific) sources of uncertainty. It has two purposes. To illustrate the ability of such models to...
Persistent link: https://www.econbiz.de/10012475036
Social distancing via shelter-in-place strategies, and wearing masks, have emerged as the most effective non-pharmaceutical ways of combatting COVID-19. In the United States, choices about these policies are made by individual states. We develop a game-theoretic model and then test it...
Persistent link: https://www.econbiz.de/10012496132
We discuss the identification and estimation of discrete games of complete information. Following Bresnahan and Reiss (1990, 1991), a discrete game is a generalization of a standard discrete choice model where utility depends on the actions of other players. Using recent algorithms to compute...
Persistent link: https://www.econbiz.de/10012467888
-specific. Our link formation rule is decentralized and players can make link offers and counter-offers, as in a Beckerian marriage …
Persistent link: https://www.econbiz.de/10012456913
This paper studies nonparametric identification in binary choice games of complete information. We allow for correlated unobservables across players. We propose conditions under which the binary choice game is a so-called potential game and impose that the selected equilibrium maximizes its...
Persistent link: https://www.econbiz.de/10012460506
Persistent link: https://www.econbiz.de/10000114055
We study the role of marriage for women's intergenerational mobility during the Ming-Qing (1368-1911) period. Using … status information based on the timing of marriage from family histories in Central China, already in the early 1500s it is … status of biological and in-law families means that marriage accounts for more than one third of total intergenerational …
Persistent link: https://www.econbiz.de/10014372452
Positive assortative matching refers to the tendency of individuals with similar characteristics to form partnerships. Measuring the extent to which assortative matching differs between two economies is challenging when the marginal distributions of the characteristic along which sorting takes...
Persistent link: https://www.econbiz.de/10015194999
PSID data and Altonji, Giraldo-Páez, Hynsjö, and Vidangos' (2024) statistical model of earnings, marriage, marital sorting …
Persistent link: https://www.econbiz.de/10015145073