Extraneous estimates, Game Theory

Extraneous Estimates

If some parameters are identified, while others are not and there exists information on their value from other (extraneous) sources, the researcher may proceed with the estimation of the identified coefficients and use the extraneously known value for the non-identified ones.

Of the above identifjling restrictions the most important and most widely used are the restrictions on the values of the structural parameters.

Posted Date: 4/4/2013 3:19:06 AM | Location : United States







Related Discussions:- Extraneous estimates, Assignment Help, Ask Question on Extraneous estimates, Get Answer, Expert's Help, Extraneous estimates Discussions

Write discussion on Extraneous estimates
Your posts are moderated
Related Questions
Scenario The hawk-dove game is additionally commonly called the sport of chicken. 2 hooligans with one thing to prove drive at one another on a slender road. The primary to swer

. A bid is an sign by a potential buyer of the price the buyer is ready to pay for the object being auctioned. In a Procurement Auction, the bid is an sign of the price a seller is

Explain oligopoly's structure and use game theory to explain why oligopoly firms tend not to use price to compete. Answer- Oligopoly is an imperfect market where there are

Computer Game Zenda This game was invented by James Andreoni and Hal Varian; see their article, "Pre-Play Contracting in the Prisoners 'Dilemma".The paper also contains some co

An auction associates who submits offers (or bids) to sale or buy  the goods being auctioned.

1. Find all NE of the following 2×2 game. Determine which of the NE are trembling-hand perfect. 2. Consider the following two-person game where player 1 has three strategie

This chapter introduces mixed strategies and the methods used to solve for mixed strategy equilibria. Students are likely to accept the idea of randomization more readily if they t


Normal 0 false false false EN-US X-NONE X-NONE

In Bontemps, Louisiana there are only two places to spend time: Merlotte's bar and Fangtasia. Sookie and Eric have made plans to spend Friday night together, but they never decided