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Showing 1 to 20 of 25 for “"Structural estimation"”.

  1. Decisionmetrices : dynamic structural estimation of shipping investment decisions

    This dissertation develops structural models for analyzing shipping investment decisions, namely ordering, scrapping and lay-up decisions in the tanker industry. We develop models, based on a microeconomic specification, that allow us to understand the dynamics of shipping investment decisions …

    mit Repository record for Decisionmetrices : dynamic structural estimation of shipping investment decisions (opens in a new tab)

  2. Unstable Consumer Learning Models: Structural Estimation and Experimental Examination

    … data and experiences, more information enables estimation to discriminate between stable and unstable learning. The key conclusions are that (1) most consumers act as if quality is unstable, even when it is stable, and (2) consumers respond to the environment they face, adjusting their learning …

    duke Repository record for Unstable Consumer Learning Models: Structural Estimation and Experimental Examination (opens in a new tab)

  3. Essays on the structural estimation and analysis of corporate and industrial markets

    The three chapters which comprise my thesis are a collection of essays on the analysis of the corporate governance and airline markets and of the federal appellate structure. In Chapter 1, I use a discrete choice framework to analyze state design and firm choice of the implications of …

    mit Repository record for Essays on the structural estimation and analysis of corporate and industrial markets (opens in a new tab)

  4. Price competition and the impact of service attributes: Structural estimation and analytical characterizations of equilibrium behavior

    … the models are supermodular, with two additional structural conditions: (i) each firm's profit function is strictly quasi-concave in its own price(s), and (ii) markets are competitive, i.e., in the pre-merger industry, each firm's profits increase when any of his competitors increases his price, …

    columbia-diss Repository record for Price competition and the impact of service attributes: Structural estimation and analytical characterizations of equilibrium behavior (opens in a new tab)

  5. Essays in financial economics

    … dynamic stochastic general equilibrium and structural estimation of dynamic models. Chapter 1 introduces a global, nonlinear numerical method to solve a large class of continuous-time models in economics and finance. Using modern tools from Machine Learning, I show that the problem of …

    mit Repository record for Essays in financial economics (opens in a new tab)

  6. Learning from Financial Markets and Misallocation

    … of the mergers and acquisitions. In the structural estimation, I target novel data moments including sensitivity of merger deal cancellation to announcement period returns to identify learning. The estimates suggest that a 50% decline in stock price informativeness locally would lead to …

    mit Repository record for Learning from Financial Markets and Misallocation (opens in a new tab)

  7. Essays on empirical industrial organization

    … with indirect network effects, combine structural estimation with reduced-form designs, and recover supply primitives. Across industries, the evidence shows that opening platforms via royalty licensing can expand installed bases and raise long-run surplus; reusable product design can …

    uiuc Repository record for Essays on empirical industrial organization (opens in a new tab)

  8. Essays in applied macroeconomics

    … combination of reduced-form, theoretical, and structural tools in my thesis. Each chapter typically starts with new empirical patterns relevant for macro, established using large-scale firm-level data and state-of- the-art reduced-form econometric methods. I attempt to formulate new …

    mit Repository record for Essays in applied macroeconomics (opens in a new tab)

  9. Essays On The Intersection Of Healthcare Operations And Economics

    … have in responding to the new incentives. Using structural estimation methods, the parameters of each hospital’s decision-making process are estimated. The counterfactual analyses quantify the effects of recalibrating the Hospital Value-based Purchasing Program. The essay, "The Spillover Effects …

    penn Repository record for Essays On The Intersection Of Healthcare Operations And Economics (opens in a new tab)

  10. Three Essays on Procurement Auctions

    … welfare of procurers and bidders. We develop a structural auction model with endogenous participation in which bidding may be simultaneous or sequential. Bidders perceive auctioned objects as either complements or substitutes. We apply this model to auctions for roof-maintenance projects in …

    queens Repository record for Three Essays on Procurement Auctions (opens in a new tab)

  11. Three papers in international economics and macroeconomics

    … considers the importance of geography for the structural estimation of real consumption growth. The first chapter revisits a classic question in international economics: what is the impact of trade on inequality? Empirically, I document that trade is positively associated with the share of …

    bu Repository record for Three papers in international economics and macroeconomics (opens in a new tab)

  12. Essays in industrial organization

    … that demand is becoming more price-sensitive. Structural estimation of a two-type consumer search model finds that the proportion of highly informed consumers increases as the smartphone penetration rate increases. A counterfactual analysis confirms that observed price changes are consistent …

    mit Repository record for Essays in industrial organization (opens in a new tab)

  13. Essays on Empirical Analysis of Continuous-Time Models of Industrial Organization

    … for the identification and non-parametric estimation of a continuous-time principal-agent model. My framework extends the existing literature on optimal dynamic contracts by allowing for the presence of unobserved state variables. To accommodate such heterogeneity, I develop an estimation

    duke Repository record for Essays on Empirical Analysis of Continuous-Time Models of Industrial Organization (opens in a new tab)

  14. Three Essays in International Integration

    … constrained exporters, we develop a novel structural estimation framework that incorporates these micro frictions. Our structural estimates suggest that the presence of such capacity constrained firms can (1) reduce aggregate output responses to external demand shocks by 30% and (2) result …

    columbia-diss Repository record for Three Essays in International Integration (opens in a new tab)

  15. Essays on reputation

    … to buyers in order to improve allocations. I structurally estimate this model to uncover deep parameters of buyers’ utility and sellers’ costs as well as sellers’ unobservable qualities. The estimated model suggests that reputation has a positive effect on the expected profits of high quality …

    umn Repository record for Essays on reputation (opens in a new tab)

  16. Essays in development economics

    Chapter 1 looks at the empirical estimation of the welfare impacts of bargaining. Bargaining for retail goods is common in developing countries, but rare in the developed world. The welfare implications of this difference are theoretically ambiguous-if bargaining is a low cost form of price …

    mit Repository record for Essays in development economics (opens in a new tab)

  17. Essays on the economics of racial segregation

    … networks. In Chapter 3, I develop and estimate a structural model of strategic network formation with heterogeneous agents. Structural estimation of strategic models of network formation is challenging, since these models usually have multiple equilibria. I present a dynamic model where the …

    uiuc Repository record for Essays on the economics of racial segregation (opens in a new tab)

  18. Essays in corporate finance and investments

    … significantly different target leverage ratios. Structural estimation of key parameters reveals that simulated model moments can match data moments. Furthermore, capital structure regressions using model simulated data based on these parameter estimates produce results in line with the empirical …

    uiuc Repository record for Essays in corporate finance and investments (opens in a new tab)

  19. Essays in Spatial Economics, Trade, and Climate Change

    … modern quantitative spatial modelling tools and structural estimation techniques to investigate how space and spatial frictions affect economic outcomes, with a particular focus on climate change. In Chapter 1, I quantify the relative importance of three fundamental sources of agglomeration …

    cambridge Repository record for Essays in Spatial Economics, Trade, and Climate Change (opens in a new tab)

  20. Three essays on health economics and international trade

    … offer. We incorporate the duty to settle into a structural model of settlement of medical malpractice claims, and then estimate the model using maximum likelihood methods applied to a Texas closed claims database. Both the data and our model predict: a mass of cases with a settlement demand by …

    texas Repository record for Three essays on health economics and international trade (opens in a new tab)

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