Session 1: Empirical Implementation of Theoretical Models of Strategic Interaction and Dynamic Behavior
- Azeem Shaikh, University of Chicago
- Frank Wolak, Stanford University
Different from previous years of this session on “Economic Theory-Based Models,” this year’s session will focus on the econometric methodology side of theory-based econometric models from the fields of empirical Industrial Organization (IO), Labor Economics, Energy and Environmental Economics, Health Economics, and the Economics of Education. Topics for papers include: (1) methods for estimating and drawing inferences about partially identified econometric models, (2) methods for identifying and estimating dynamic single agent models, (3) methods for identifying and estimating static and dynamic models of non-cooperative games, (4) nonparametric and semiparametric methods for estimating economic primitives that impose shape and homogeneity restrictions implied by economic theory, and (5) methods for estimating empirically relevant features of complex models of economic behavior. These papers can be both purely methodological or have a significant empirical component. Contributions are welcome from scholars in econometric theory or any of the above empirical fields. The unifying theme of the papers is a theoretical model of an economic interaction and an empirical implementation of this theoretical model. A major goal of the session is to encourage across-field interaction among researchers in econometric theory and researchers undertaking theory-based empirical research in all fields of applied microeconomics.