Session 1: Empirical Implementation of Theoretical Models of Strategic Interaction and Dynamic Behavior
- Ed Vytlacil (Yale University)
- Frank A. Wolak (Stanford University)
This year will focus on the econometric methodology side of the topic of “Empirical Implementation of Models of Strategic Interaction and Dynamic Behavior.” Papers dealing with new developments in econometric methods relevant to the fields of empirical Industrial Organization (IO), Labor Economics, Energy and Environmental Economics, Health Economics, and the Economics of Education. Topics 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, and (4) methods for estimating empirically relevant features of complex models of economic behavior and counterfactuals implied by these models. The motivation for this session is to bring together scholars working in the intersection between of theory-based empirical models and the statistical methods relevant to estimating economically relevant magnitudes from these models in the and computing counterfactual economic outcomes while making minimal maintained assumptions.