Estimating Dynamic Models of Imperfect Competition

By Pat Bajari, C. Lanier Benkard, Jonathan D. Levin. 2004

1,057 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/10c55cc7283bf7af19e3675651c082aaff7f4a07

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Citations in the corpus

Structural Modeling in Marketing: Review and Assessment (2006, background): “By contrast, recent approaches, based on Berry et al. (1995), explicitly assume an individual-level choice model that is derived from utility maximization to underlie the aggregate data.”
A practical two-step method for testing moment inequalities (2014, neutral): “Berger and Boos (1994) and Silvapulle (1996) improve upon Loh (1985) by introducing a Bonferonnitype correction similar to ours.”
Constrained Optimization Approaches to Estimation of Structural Models (2011, methodology): “…we plan to investigate the applicability of the MPEC approach to estimate dynamic discrete-choice games studied in Aguirregabiria and Mira (2007), Bajari, Benkard, and Levin (2007), Pakes, Ostrovsky, and Berry (2007), Pesendorfer and Schmidt-Dengler (2008), and Arcidiacono and Miller (2011).”
VALIDITY OF SUBSAMPLING AND “PLUG-IN ASYMPTOTIC” INFERENCE FOR PARAMETERS DEFINED BY MOMENT INEQUALITIES (2009, background): “…Department of Economics, Yale University, Box 208281, New Haven, CT 06520-8281; e-mail: donald.andrews@yale.edu. c© 2009 Cambridge University Press 0266-4666/09 $15.00 669 and Tamer (2003), Andrews, Berry, and Jia (2004), Pakes, Porter, Ho, and Ishii (2004), and Bajari, Benkard, and Levin (2007).”
Econometric Analysis of Games with Multiple Equilibria (2012, methodology): “The strategy builds on the earlier work byHotz&Miller (1993) for the estimation of empirical (individual) dynamic discrete choice models and later work by Aguirregabiria&Mira (2007) and Bajari et al. (2007) for dynamic games (in which information is incomplete).”
A structural model of sales-force compensation dynamics: Estimation and field implementation (2009, methodology): “The estimator for the 1st stage of our empirical strategy is based on the recent literature on two-step estimation of dynamic decisions (Hotz and Miller 1993; Bajari et al. 2007 ).”
Estimating Network Economies in Retail Chains: A Revealed Preference Approach (2010, background): “) Because we have explicitly controlled for the structural error in ξj , we now assume that any remaining idiosyncratic error leading to violations of inequality (3) is median independent of the included covariates.”
Semiparametric Inference in Dynamic Binary Choice Models, Second Version (2014, methodology): “Several papers used it for testing new methodologies for estimation of dynamic discrete choice models (see Aguirregabiria and Mira (2002), Bajari, Benkard, and Levin (2007), and Norets (2009)).”
Market-Based Emissions Regulation and Industry Dynamics (2016, methodology): “To estimate the dynamic parameters, we follow the two-step empirical strategy laid out in Bajari et al. (2007), and used in Ryan (2012). First, we estimate the policy functions that describe firm investment, entry, and exit behaviors as a function of economic state variables.”
Frictions in a Competitive, Regulated Market: Evidence from Taxis (2015, background): “Note the literature provides suggestions that would avoid the NFXP, such as Bajari et al. (2007), where value functions are forward simulated.”