Econometrics Papers
Estimation of (static or dynamic) games under equilibrium multiplicity
20 January 2020
Taisuke Otsu, Martin Pesendorfer, Yuya Sasaki and Yuya Takahashi
We propose a multiplicity-robust estimation method for (static or dynamic) games. The method allows for distinct behaviors and strategies across markets by treating market specific behaviors as correlated latent variable...
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