讲座:An ordinal approach to the empirical analysis of games with monotone best responses 发布时间:2024-10-08
嘉 宾:John K.-H. Quah(柯金浩) 教授 新加坡国立大学
主持人:闵炜程 助理教授 上海交通大学安泰经济与管理学院
时 间:2024年10月17日(周四)14:00-15:30
地 点: 上海交通大学徐汇校区安泰经济与管理学院A303
内容简介: We develop a nonparametric and ordinal approach for testing pure strategy Nash equilibrium play in games with monotone best responses, such as those with strategic complements/substitutes. The approach makes minimal assumptions on unobserved heterogeneity, requires no parametric assumptions on payoff functions, and no restriction on equilibrium selection from multiple equilibria. The approach can also be extended in order to make inferences and predictions. Both model-testing and inference can be implemented by a tractable computation procedure based on column generation. To illustrate how our approach works, we include an application to an IO entry game.
演讲人简介:John K.-H. Quah (柯金浩) is a Distinguished Professor at the National University of Singapore. He is a leading microeconomic theorist who studies monotone comparative statics, revealed preference analysis, demand aggregation, and general equilibrium theory. His recent research includes nonparametric analysis of monotone choice, Allais paradox, and bounded rationality. John has published in the American Economic Review, Econometrica, the Journal of Political Economy and the Review of Economic Studies, and is a Fellow of the Econometric Society. He is also an associate editor at Theoretical Economics, an advisory editor at Journal of Mathematical Economics, and a co-editor at Economic Theory.