Alternative Models for Moment Inequalities

By Ariel Pakes. 2010

122 citations recorded by the source corpus.

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.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/e04e9f7b40a8d6349bddfbcb631593db1f4ef25a

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Marketing

Citations in the corpus

Inference on Causal and Structural Parameters using Many Moment Inequalities (2013, methodology): “nt inequalities appears. One example is the discrete choice model where a consumer is selecting a bundle of products for purchase and moment inequalities come from a revealed preference argument (see Pakes, 2010). In this example, one typically has many moment inequalities because the number of diﬀe”
Testing Many Moment Inequalities (2013, methodology): “without assuming any correlation structure, motivated by important examples such as those in Cilberto and Tamer (2009) and Pakes (2010).”
Adaptive test of conditional moment inequalities (2011, background): “equalities includes Chernozhukov et al. (2007), Romano and Shaikh (2008), Rosen (2008), Andrews and Guggenberger (2009), Andrews and Han (2009), Andrews and Soares (2010), Bugni (2010), Canay (2010), Pakes (2010), and Romano and Shaikh (2010). I note that there is also a large literature on partial ”
Nonparametric Inference Based on Conditional Moment Inequalities (2014, unknown): “Pakes (2010) proposes several assumptions on v1 and v2 that guarantee that (2.”
Estimating Network Economies in Retail Chains: A Revealed Preference Approach (2010, methodology): “3 This is the approach utilized in the "generalized discrete choice" (Pakes, 2010) framework proposed by Tamer (2003) and extended by Ciliberto and Tamer (2009), Andrews and Jia (2012), and Beresteanu, Molchanov, and Molinari (201 1).”
Moment Inequalities and Their Application (2015, background): “…Katz (2007), and contracting models where the source of the structural error is a component of the transfers among agents that agents condition on but the econometrician does not observe (for details see Pakes, 2010), are two examples of other models which can be shown to satisfy this condition.”
Structural models of complementary choices (2014, background): “Most consumer product categories admit only a few different package sizes; for example, in the US beer market, the most common options for beer are 40, 72 or 144 fluid ounces.”