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This paper studies the inference of interaction effects, i.e. the impacts of players' actions on each other's payoffs, in discrete simultaneous games with incomplete information. We propose an easily implementable test for the signs of state-dependent interaction effects which does not require...
Persistent link: https://www.econbiz.de/10011080800
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This paper uses data from a randomized social experiment in Mexico to estimate and validate a dynamic behavioral model of parental decisions about fertility and child schooling, to evaluate the effects of the PROGRESA school subsidy program, and to perform a variety of counterfactual experiments...
Persistent link: https://www.econbiz.de/10005758549
An incentives based theory of policing is developed which can explain the phenomenon of random "crackdowns," i.e., intermittent periods of high interdiction/ surveillance. For a variety of police objective functions, random crackdowns can be part of the optimal monitoring strategy. We...
Persistent link: https://www.econbiz.de/10008542956
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