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This paper studies the identification and estimation of the decision rules that in- dividuals use to determine their actions in games, based on a structural econo- metric model of non-equilibrium behavior in games. The model is based pri- marily on various notions of limited strategic reasoning,...
Persistent link: https://www.econbiz.de/10011884420
Randomized controlled trials (RCTs) are routinely used in medicine and are becoming more popular in economics. Data from RCTs are used to learn about treatment effects of interest. This paper studies what one can learn about the average treatment response (ATR) and average treatment effect (ATE)...
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We describe a simulation-based algorithm for Bayesian estimation of structuraleffects in models where the outcome of interest and an endogenous treatment variableare ordered. Our algorithm makes use of a reparameterization, suggested by Nandramand Chen (1996) and Li and Tobias (2005) in the...
Persistent link: https://www.econbiz.de/10009360896