Abstract
This paper provides conditions under which the inequality constraints generated by either single agent optimizing behavior or the best response condition of multiple agent problems can be used as a basis for estimation and inference. An application illustrates how the use of these inequality constraints can simplify the analysis of complex behavioral models.
Original language | English (US) |
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Pages (from-to) | 315-334 |
Number of pages | 20 |
Journal | Econometrica |
Volume | 83 |
Issue number | 1 |
DOIs | |
State | Published - Jan 1 2015 |
Externally published | Yes |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics
Keywords
- Best response
- Moment inequality
- Partial identifcation
- Revealed preference