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This paper studies the identification and estimation of a semiparametric binary decision game of incomplete information. We make no parametric assumptions on the joint distribution of private signals and allow them to be correlated. Focusing on Monotone Strategy Bayesian Equilibrium, we show that the equilibrium strategies can be represented by a binary(More)
This paper analyzes nonlinear pricing in yellow page advertising. First, we develop a model that incorporates some features of the industry such as a minimal advertisement size offered to all businesses. The model structure is then defined by the distribution of businesses' types, the inverse demand function and the publisher's cost function. Under the(More)
We study the identification of an insurance model with multidimensional screening , where insurees are characterized by risk and risk aversion. The model is solved using the concept of certainty equivalence under constant absolute risk aversion and an unspecified joint distriubtion of risk and risk aversion. The paper then analyzes how data availability(More)
EXTENDED ABSTRACT In a canonical principal-agent models, agents compete by making reversible decisions before the outcome is decided. For example in a first-price auction , a bidder has to pay her bids only if she wins. There are, however, many other important environments where agents compete by making irreversible investments, such as political lobbying,(More)
The extensive coverage of household surveys in conflict regions in recent decades has fueled a growing literature on the microeconomic effects of war. Most researchers identify these effects using econometric methods, with difference-indifferences – which exploits variation across birth cohorts and war intensity – being the most popular. This paper(More)
In this paper I estimate unobserved consumer heterogeneity when the data contains information only about the demand/sales and prices from a single market, so that the canonical method to estimate demand is infeasible. In the market that I consider two sellers sell differentiated products by nonlinear prices, and I use competitive principal-agent model to(More)
The extensive coverage of household surveys in conflict regions in recent decades has fueled a growing literature on the microeconomic effects of war. Most researchers identify these effects using econometric methods, with difference-indifferences – which exploits variation across birth cohorts and war intensity – being the most popular. This paper(More)
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