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- W3147702562 abstract "We propose a data-constrained generalized maximum entropy (GME) estimator for discrete sequential move games of perfect information which can be easily implemented on optimization software with high-level interfaces such as GAMS. Unlike most other work on the estimation of complete information games, the method we proposed is data constrained and does not require simulation and normal distribution of random preference shocks. We formulate the GME estimation as a (convex) mixed-integer nonlinear optimization problem (MINLP) which is well developed over the last few years. The model is identified with only weak scale and location normalizations, monte carlo evidence demonstrates that the estimator can perform well in moderately size samples. As an application, we study the social security acceptance decisions in dual career households." @default.
- W3147702562 created "2021-04-13" @default.
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- W3147702562 date "2009-01-01" @default.
- W3147702562 modified "2023-09-28" @default.
- W3147702562 title "Generalized Maximum Entropy estimation of discrete sequential move games of perfect information" @default.
- W3147702562 hasPublicationYear "2009" @default.
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