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Structural Econometric Modeling: Rationales and Examples from Industrial Organization

In: Handbook of Econometrics

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Author Info
Reiss, Peter C.
Wolak, Frank A.
Abstract

This chapter explains the logic of structural econometric models and compares them to other types of econometric models. We provide a framework researchers can use to develop and evaluate structural econometric models. This framework pays particular attention to describing different sources of unobservables in structural models. We use our framework to evaluate several literatures in industrial organization economics, including the literatures dealing with market power, product differentiation, auctions, regulation and entry.

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This chapter was published in: J.J. Heckman & E.E. Leamer (ed.) Handbook of Econometrics, , chapter 64, pages , 2007.

This item is provided by Elsevier in its series Handbook of Econometrics with number 6a-64.

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Related research
This chapter was published in the following book, which is listed on IDEAS:
J.J. Heckman & E.E. Leamer (ed.), 2007. "Handbook of Econometrics," Handbook of Econometrics, Elsevier, edition 1, volume 6, number 6a, September. [Downloadable!] (restricted)
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Find related papers by JEL classification:
C39 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Other

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  3. Letort, Elodie & Carpentier, Alain, 2009. "Endogeneity of acreage choices in input allocation equations: implied problems and a solution," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49217, Agricultural and Applied Economics Association. [Downloadable!]
  4. Olli Kauppi & Matti Liski, 2008. "An Empirical Model of Imperfect Dynamic Competition and Application to Hydroelectricity Storage," Working Papers 0811, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research. [Downloadable!]
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