New results on the identification of stochastic bargaining models

A-Tier
Journal: Journal of Econometrics
Year: 2019
Volume: 209
Issue: 1
Pages: 79-93

Authors (2)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We present new identification results for stochastic sequential bargaining models when the data only reports the time of agreement and the evolution of observable states. With no information on the stochastic surplus available for allocation or how it is allocated under agreement, we recover the latent surplus process, the distribution of unobservable states, and the equilibrium outcome in counterfactual contexts. The method we propose, which is constructive and original, can also be adapted to establish identification in general optimal stopping models.

Technical Details

RePEc Handle
repec:eee:econom:v:209:y:2019:i:1:p:79-93
Journal Field
Econometrics
Author Count
2
Added to Database
2026-01-26