Moment Inequalities and Their Application. Issue 1 (January 2015)

• Record Type: Journal Article
• Authors: Pakes, A.; Porter, J.; Ho, Kate; Ishii, Joy
• Is Part Of: Econometrica. Volume 83:Issue 1(2015:Jan.)
• Page Start: 315
• Page End: 334
• Publication Date: 2015-01
• Subjects: Econometrics -- Periodicals; Economics, Mathematical -- Periodicals; Economics -- Periodicals; Économétrie -- Périodiques; Mathématiques économiques -- Périodiques; Économie politique -- Périodiques; 330.05
• DOI: 10.3982/ECTA6865
• Languages: English
• ISSNs: 0012-9682

Abstract

<abstract abstract-type="main"> <title> <x xml:space="preserve">Abstract</x> </title> <p>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.</p> </abstract>