Estimation of Structural Models Using Experimental Data From the Lab and the Field (Elements in Behavioural and Experimental Economics) - Tapa blanda

Bellemare, Charles

 
9781009362634: Estimation of Structural Models Using Experimental Data From the Lab and the Field (Elements in Behavioural and Experimental Economics)
Tapa blanda
ISBN 10: 1009362631 ISBN 13: 9781009362634
Editorial: Cambridge University Press, 2023

Sinopsis

Behavioral economics provides a rich set of explicit models of non-classical preferences and belief formation which can be used to estimate structural models of decision making. At the same time, experimental approaches allow the researcher to exogenously vary components of the decision making environment. The synergies between behavioral and experimental economics provide a natural setting for the estimation of structural models. This Element will cover examples supporting the following arguments 1) Experimental data allows the researcher to estimate structural models under weaker assumptions and can simplify their estimation, 2) many popular models in behavioral economics can be estimated without any programming skills using existing software, 3) experimental methods are useful to validate structural models. This Element aims to facilitate adoption of structural modelling by providing Stata codes to replicate some of the empirical illustrations that are presented. Examples covered include estimation of outcome-based preferences, belief-dependent preferences and risk preferences.

"Sinopsis" puede pertenecer a otra edición de este libro.

Editorial
Cambridge University Press
Año de publicación
2023
Idioma
Inglés
ISBN 10 
1009362631
ISBN 13 
9781009362634
Encuadernación
Tapa blanda
Número de páginas
82
Contacto del fabricante
no disponible
Persona responsable
Avery
https://www.avery.fr/

chemin des peupliers 27
Dardilly
Francia