Modeling And Testing For Heterogeneity In Observed Strategic Behavior
Dale O. Stahl and
Paul W. Wilson ()
The Review of Economics and Statistics, 2001, vol. 83, issue 1, pages 146-157
Experimental data have consistently shown diversity in beliefs as well as in actions among experimental subjects. This paper presents and compares alternative behavioral econometric models for the characterization of player heterogeneity, both between and within subpopulations of players. In particular, two econometric models of diversity within subpopulations of players are investigated, one using a model of computational errors and the other allowing for diversity in prior beliefs around a modal prior for the subpopulation. © 2000 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology
References: Add references at CitEc
Citations View citations in EconPapers (11) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:tpr:restat:v:83:y:2001:i:1:p:146-157
Ordering information: This journal article can be ordered from
http://mitpress.mit. ... me.tcl?issn=00346535
Access Statistics for this article
The Review of Economics and Statistics is edited by Daron Acemoglu, George J. Borjas, Dani Rodrik and Julio J. Rotemberg
More articles in The Review of Economics and Statistics from MIT Press
Series data maintained by Karie Kirkpatrick ().