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Structural Econometric Modeling: Rationales and Examples from Industrial Organization

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  • Reiss, Peter C.

    (Stanford U)

  • Wolak, Frank A.
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    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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    Bibliographic Info

    Paper provided by Stanford University, Graduate School of Business in its series Research Papers with number 1831.

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    Date of creation: Dec 2003
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    Handle: RePEc:ecl:stabus:1831

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    Cited by:
    1. Fève, Frédérique & Fève, Patrick & Florens, Jean-Pierre, 2002. "Attribute Choices and Structural Econometrics of Price Elasticity of Demand," IDEI Working Papers 155, Institut d'Économie Industrielle (IDEI), Toulouse, revised 2003.

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