CORDIS Project
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This research project focuses on the analysis of game theoretic models in economics, particularly how equilibrium outcomes are determined through social interactions. It aims to enhance econometric methods for identifying and estimating these models, addressing complexities in interaction dynamics.
Equilibrium models are one of the pillars of Economics.
This proposal focuses on methodological and empirical studies of estimable game theoretic and social interactions models where observed outcomes are assumed to be determined in equilibrium.
Ignoring this simultaneity in estimation and inference is likely to mislead conclusions and produce flawed counterfactual analyses.One pervasive feature in many interaction models is the existence of multiple solutions for various payoff configurations…
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