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Battaglini, Marco - 2016

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/10012981101

Computing Markov Perfect Nash Equilibria : Numerical Implications of a Dynamic Differentiated Product Model

Pakes, Ariel; MacGuire, Paul - 2021

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/10013230623

Identification of Potential Games and Demand Models for Bundles

Fox, Jeremy T. - 2012

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/10013104999

Identification and Estimation of Discrete Games of Complete Information

Bajari, Patrick L.; Hong, Han; Ryan, Stephen G. - 2021

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/10013230825

An Experimental Study of Decentralized Link Formation with Competition

Comola, Margherita - 2015

-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/10013011107

Long-Term Changes in Married Couples' Labor Supply and Taxes : Evidence from the Us and Europe Since the 1980s

Bick, Alexander - 2018

We document the time-series of employment rates and hours worked per employed by married couples in the US and seven European countries (Belgium, France, Germany, Italy, the Netherlands, Portugal, and the UK) from the early 1980s through 2016. Relying on a model of joint household labor supply...

Persistent link: https://www.econbiz.de/10012911481

The Influence of Nonmarital Childbearing on the Formation of First Marriages

Bennett, Neil G.; Bloom, David E.; Miller, Cynthia K. - 2021

We examine the association between nonmarital childbearing and the subsequent likelihood of first marriage and document … expectations of future marriage. Rather, the direction of causation is just the reverse: Nonmarital childbearing tends to be an … first marriage. Further, the upward trend in the proportion of childbearing that occurs outside of marriage may account for …

Persistent link: https://www.econbiz.de/10013222632

Familial Love and Intertemporal Optimality

Grossman, Herschel I. - 2021

This paper analyzes the intertemporal efficiency and optimality of steady states within overlapping-generations models in which the utility of individual working couples , depends on the consumption of their parents and children as well as their own consumption. The analysis considers both a...

Persistent link: https://www.econbiz.de/10013226191

Bargaining Power in Marriage : Earnings, Wage Rates and Household Production

Pollak, Robert A. - 2021

What determines bargaining power in marriage? This paper argues that wage rates, not earnings, determine well-being at …

Persistent link: https://www.econbiz.de/10013239378

Modeling American Marriage Patterns

Bloom, David E. - 2011

This paper investigates the application of the three-parameter, Coale-McNeil marriage model and some related hyper …-parameterized specifications to data on the first marriage patterns of American women. Because the model is parametric, it can be used to estimate … the parameters of the marriage process, free of censoring bias, for cohorts that have yet to complete their first marriage …

Persistent link: https://www.econbiz.de/10013125234