The Identification and Economic Content of Ordered Choice Models with Stochastic Thresholds
By Flávio Cunha, James J. Heckman, S. Navarro. Social Science Research Network, 2007
59 citations recorded by the source corpus.
This paper extends the widely used ordered choice model by introducing stochastic thresholds and interval-specific outcomes. The model can be interpreted as a generalization of the GAFT (MPH) framework for discrete duration data that jointly models durations and outcomes associated with different stopping times. We establish conditions for nonparametric identification. We interpret the ordered choice model as a special case of a general discrete choice model and as a special case of a dynamic discrete choice model.
Subfields: Economics and Econometrics, Marketing
View Paper: https://www.semanticscholar.org/paper/accab2e190b56cb5ec00e82a8f73c507e51cf4d9
How researchers see this paper
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In Economics and Econometrics
- James J. Heckman
- Sergio S. Urzúa
- Magne Mogstad
- Lance Lochner
- Flávio Cunha
- E. Vytlacil
- Pedro Carneiro
- Matthew Wiswall
In Marketing
Citations in the corpus
- Human Capital Investments and Expectations about Career and Family (2016, unknown): “One notable exception is Cunha, Heckman, and Navarro (2005), which estimates a model in which agents have unbiased beliefs about future outcomes, Ð X Gi,tðX jk, tÞ 5 Ð X FiðX jk, tÞ, but agents may not know the level of uncertainty in outcomes (variance in future earnings in their case).”
- Comparing IV With Structural Models: What Simple IV Can and Cannot Identify (2010, background): “45See e.g. Abbring and Heckman (2007), Carneiro, Hansen, and Heckman (2003), Cunha, Heckman, and Navarro (2007), Cunha, Heckman, and Schennach (2006, revised 2008), and Matzkin (1992, 1993, 2007).”