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
When players interact by enjoying an identical stage game (such because the prisoner's dilemma) varied times, the sport is termed an iterated (or repeated) game. not like a game pl

Evolutionary game theory provides a dynamic framework for analyzing repeated interaction. Originally modeled when "natural models" of fitness, a population might contains folks gen

Two individuals use a common resource (a river or a forest, for example) to produce output. The more the resource is used, the less output any given individual can produce. Denote

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

Consider the Cournot duopoly model in which two firms, 1 and 2, simultaneously choose the quantities they will sell in the market, q1 and q2. The price each receives for each unity

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

Scenario To determine who is needed to try to to the nightly chores, 2 youngsters simultaneously build one among 3 symbols with their fists - a rock, paper, or scissors. straigh

What terms are included in the monopolistic competition? Product Differentiation: 1. The meaning of monopolistic competition and product differentiation 2. Why monopolist

1. The town of Sunnydale, CA is inhabited by two vampires, Spike and Anya. Each night Spike and Anya independently hunt for food, which each one finds with probability 1/2 . Becaus

A game frequently displayed in tv police dramas. 2 partners in crime are separated into separate rooms at the police station and given an identical deal. If one implicates the oppo