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Inference in Incomplete Models

Alfred Galichon, Marc Henry

arXiv 24 Feb 2021 · Econometrics · 49 citations (OpenAlex)

arXiv:2102.12257 · PDF · DOI · OpenAlex · Extracted main text

Abstract

We provide a test for the specification of a structural model without identifying assumptions. We show the equivalence of several natural formulations of correct specification, which we take as our null hypothesis. From a natural empirical version of the latter, we derive a Kolmogorov-Smirnov statistic for Choquet capacity functionals, which we use to construct our test. We derive the limiting distribution of our test statistic under the null, and show that our test is consistent against certain classes of alternatives. When the model is given in parametric form, the test can be inverted to yield confidence regions for the identified parameter set. The approach can be applied to the estimation of models with sample selection, censored observables and to games with multiple equilibria.

Citation extraction

23
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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Jovanovic, Boyan (1989) Observable implications of models with multiple equilibria0.87452100%
2Chernozhukov, Victor, Hong, Han, Tamer, Elie (2002) Inference on Parameter Sets in Econometric Models0.81142100%
3Dudley, Richard (2003) Real Analysis and Probability0.73732100%
4Vaart, Aad, Wellner, Jon (1996) Weak Convergence and Empirical Processes0.69371100%
5Castaldo, Adriana, Maccheroni, Fabio, Marinacci, Massimo (2004) Random sets and their distributions0.64441100%
6Kellerer, Hans (1984) Duality theorems for marginal problems0.64441100%
7Dempster, Alan P (1967) Upper and lower probabilities induced by a multi-valued mapping0.64422100%
8Vaart, Aad (1998) Asymptotic Statistics0.64422100%
9Choquet, Gustave (1953) Théorie des Capacités0.58531100%
10Andrews, Donald, Berry, Steven, Jia, Panle (2004) Confidence Regions for Parameters in Discrete Games with Multiple Equilibria, with an Application to Discount Chain Store Location0.51121100%

Showing the top 10 of 24 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Set identification in models with multiple equilibria1.00095
2An econometrician's guide to optimal transport0.69371
3Microeconometrics with Partial Identification0.64442
4Robust Likelihood Ratio Tests for Incomplete Economic Models0.64422
52102.041510.51121
6Sharp bounds and testability of a Roy model of STEM major choices0.40511
7Policy Transforms and Learning Optimal Policies I thank Jiaying Gu, Ismael Mourifie, Eduardo Souza-Rodrigues, Adam Rosen, Stanislav Volgushev and Yuanyuan Wan for their feedback and encouragement, and I am especially grateful to JoonHwan Cho for many hours of discussion that helped to improve this paper. A previous version of this paper appeared in my doctoral thesis at the University of Toronto. This research was supported by the Social Sciences and Humanities Research Council of Canada. All errors are my own0.40511
8Dilation Bootstrap0.40511