Status of identification, Game Theory

In econometric theory two possibie situations of identifiability can arise: Equation under,consideration is identified or not identified:

1) Equation is under-identified-

If the structure of the equation is not unique or there is not sufficient linformationtto uniquely disfinguish the equation then the equation is under- identified.

2) Equation is identified

(a) Exactly identified: If there is sufficient information available to distinguish the equation then it is called just identified or exactly identified equation

(b) Over identified: If there is more than sufficient information regarding the equation then th$ equation is called over-identified.

Posted Date: 4/4/2013 3:10:22 AM | Location : United States







Related Discussions:- Status of identification, Assignment Help, Ask Question on Status of identification, Get Answer, Expert's Help, Status of identification Discussions

Write discussion on Status of identification
Your posts are moderated
Related Questions
Find the pure-strategy Nash equilibrium Alice is on vacation in Wonderland and considers trying a special mushroom sold by the caterpillar. She cannot tell upfront if the mush

1  A, Explain how a person can be free to choose but his or her choices are casually determined by past event 2  B , Draw the casual tree for newcomb's problem when Eve can't pe

What do meant by Monopolistic competition? Monopolistic competition is a market structure wherein: 1. There are several competing producers into an industry, 2. Every pro

Eighteenth century British mathematician who recognized a method for probabilistic mathematical inference. His Bayes Theorem, published posthumously, treats probability as a logic.


An item of information of data in a very game is common grasp ledge if all of the players realize it (it is mutual grasp ledge) and every one of the players grasp that each one dif

why might an airline offer the following deal: you pay 400 for a round trip ticket from here to orlando, but you only pay 300 per ticket if you stayy in orlando includes a saturday

The normal kind may be a matrix illustration of a simultaneous game. For 2 players, one is that the "row" player, and also the different, the "column" player. Every rows or column

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

recently i joined a network marketing company called ebiz.com. am worried about its legality and functioning.. please help if netwok marketing works?