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This paper deals with the identification and estimation of dynamic games when players' beliefs about other players' actions are biased, i.e., beliefs do not represent the probability distribution of the actual behavior of other players conditional on the information available. First, we show...
Persistent link: https://www.econbiz.de/10010897033
Persistent link: https://www.econbiz.de/10011399104
This paper deals with the identification and estimation of dynamic games when players' beliefs about other players' actions are biased, i.e., beliefs do not represent the probability distribution of the actual behavior of other players conditional on the information available. First, we show...
Persistent link: https://www.econbiz.de/10013008032
Persistent link: https://www.econbiz.de/10012197431