Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/64753 
Authors: 
Year of Publication: 
2010
Series/Report no.: 
cemmap working paper No. CWP21/10
Publisher: 
Centre for Microdata Methods and Practice (cemmap), London
Abstract: 
Behavioral choice models generate inequalities which, when combined with additional assumptions, can be used as a basis for estimation. This paper considers two sets of such assumptions and uses them in two empirical examples. The second example examines the structure of payments resulting from the upstream interactions in a vertical market. We then mimic the empirical setting for this example in a numerical analysis which computes actual equilibria, examines how their characteristics vary with the market setting, and compares them to the empirical results. The final section uses the numerical results in a Monte Carlo analysis of the robustness of the two approaches to estimation to their underlying assumptions.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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