Semiparametric identification of binary decision games of incomplete information with correlated private signals

A-Tier
Journal: Journal of Econometrics
Year: 2014
Volume: 182
Issue: 2
Pages: 235-246

Authors (2)

Wan, Yuanyuan (not in RePEc) Xu, Haiqing (University of Texas-Austin)

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

This paper studies the identification and estimation of a static binary decision game of incomplete information. We make no parametric assumptions on the joint distribution of private signals and allow them to be correlated. We show that the parameters of interest can be point-identified subject to a scale normalization under mild support requirements for the regressors (publicly observed state variables) and errors (private signals). Following Manski and Tamer (2002), we propose a maximum score type estimator for the structural parameters and establish the asymptotic properties of the estimator.

Technical Details

RePEc Handle
repec:eee:econom:v:182:y:2014:i:2:p:235-246
Journal Field
Econometrics
Author Count
2
Added to Database
2026-01-29