A Structural Approach to Hedonic Equilibrium Models
نویسندگان
چکیده
منابع مشابه
A Non-cooperative Approach to Hedonic Equilibrium
This paper studies Bayesian equilibrium in a worker firm matching problem in which workers choose their human capital investment and firms choose wages before the matching process occurs. Symmetric equilibrium exists, and supports assortative matching. When the number of traders is large, the highest types invest efficiently, while low types invest too much and receive wages that are too high i...
متن کاملa new approach to credibility premium for zero-inflated poisson models for panel data
هدف اصلی از این تحقیق به دست آوردن و مقایسه حق بیمه باورمندی در مدل های شمارشی گزارش نشده برای داده های طولی می باشد. در این تحقیق حق بیمه های پبش گویی بر اساس توابع ضرر مربع خطا و نمایی محاسبه شده و با هم مقایسه می شود. تمایل به گرفتن پاداش و جایزه یکی از دلایل مهم برای گزارش ندادن تصادفات می باشد و افراد برای استفاده از تخفیف اغلب از گزارش تصادفات با هزینه پائین خودداری می کنند، در این تحقیق ...
15 صفحه اولA New Approach to Estimating Hedonic Equilibrium Models for Metropolitan Housing Markets∗
We formulate and estimate an equilibrium model of metropolitan housing markets with housing differentiated by quality. Quality is a latent variable that captures all features of a dwelling and its environment. Two applications illustrate the value of our new technique. First, we develop a semi-parametric approach to estimate the model for Chicago and New York, obtaining housing prices for each ...
متن کاملSingle Market Nonparametric Identification of Multi-attribute Hedonic Equilibrium Models
This paper derives conditions under which preferences and technology are nonparametrically identified in hedonic equilibrium models, where products are differentiated along more than one dimension and agents are characterized by several dimensions of unobserved heterogeneity. With products differentiated along a quality index and agents characterized by scalar unobserved heterogeneity, single c...
متن کاملTruncated Hedonic Equilibrium
Workers and firms in a bilateral matching market choose wages and human capital investments then match assortatively. This paper studies Bayesian equilibria of finite matching games and shows that as the matching market becomes large, Bayesian equilibria can be approximated by a truncated hedonic equilibrium in the continuous matching market. We use the truncated hedonic equilibrium concept to ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 1999
ISSN: 1556-5068
DOI: 10.2139/ssrn.191173