Structural estimation of Markov decision processes
J Rust - Handbook of econometrics, 1994 - Elsevier
Publisher Summary This chapter summarizes the ability of the models to track the shift in
departure rates induced by the 1982 window plan. All forecasts were based on the …
departure rates induced by the 1982 window plan. All forecasts were based on the …
Econometric tools for analyzing market outcomes
This paper outlines recently developed techniques for estimating the primitives needed to
empirically analyze equilibrium interactions and their implications in oligopolistic markets. It …
empirically analyze equilibrium interactions and their implications in oligopolistic markets. It …
Reinforcement learning with human feedback: Learning dynamic choices via pessimism
In this paper, we study offline Reinforcement Learning with Human Feedback (RLHF) where
we aim to learn the human's underlying reward and the MDP's optimal policy from a set of …
we aim to learn the human's underlying reward and the MDP's optimal policy from a set of …
[КНИГА][B] Discrete choice methods with simulation
KE Train - 2009 - books.google.com
This book describes the new generation of discrete choice methods, focusing on the many
advances that are made possible by simulation. Researchers use these statistical methods …
advances that are made possible by simulation. Researchers use these statistical methods …
Estimating dynamic models of imperfect competition
We describe a two‐step algorithm for estimating dynamic games under the assumption that
behavior is consistent with Markov perfect equilibrium. In the first step, the policy functions …
behavior is consistent with Markov perfect equilibrium. In the first step, the policy functions …
Modeling college major choices using elicited measures of expectations and counterfactuals
The choice of a college major plays a critical role in determining the future earnings of
college graduates. Students make their college major decisions in part due to the future …
college graduates. Students make their college major decisions in part due to the future …
Demand analysis using strategic reports: An application to a school choice mechanism
Several school districts use assignment systems that give students an incentive to
misrepresent their preferences. We find evidence consistent with strategic behavior in …
misrepresent their preferences. We find evidence consistent with strategic behavior in …
The costs of environmental regulation in a concentrated industry
SP Ryan - Econometrica, 2012 - Wiley Online Library
The typical cost analysis of an environmental regulation consists of an engineering estimate
of the compliance costs. In industries where fixed costs are an important determinant of …
of the compliance costs. In industries where fixed costs are an important determinant of …
Sequential estimation of dynamic discrete games
V Aguirregabiria, P Mira - Econometrica, 2007 - Wiley Online Library
This paper studies the estimation of dynamic discrete games of incomplete information. Two
main econometric issues appear in the estimation of these models: the indeterminacy …
main econometric issues appear in the estimation of these models: the indeterminacy …
Conditional choice probability estimation of dynamic discrete choice models with unobserved heterogeneity
P Arcidiacono, RA Miller - Econometrica, 2011 - Wiley Online Library
We adapt the expectation–maximization algorithm to incorporate unobserved heterogeneity
into conditional choice probability (CCP) estimators of dynamic discrete choice problems …
into conditional choice probability (CCP) estimators of dynamic discrete choice problems …