Exploring Estimating Dynamic Discrete Choice Models Nested Fixed Point Algorithm Explained

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  • This video is the second of two parts. Having presented Rust's engine replacement
  • https://www.nber.org/conferences/econometric-methods-demand-
  • Econometric Society Winter School in
  • ... we cover the paper "Swapping the
  • This video explores John Rust's seminal 1987 Econometrica paper "Optimal Replacement of GMC Bus Engines: An Empirical ...

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Learn how to Can we separately identify how much people value the future versus their current preferences? In most This video extends our This video introduces the two nonlinear transformations normally used to

Markov

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