Matthew Shum

California Institute of Technology

Pasadena, CA 91125

United States

SCHOLARLY PAPERS

44

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CITATIONS
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in Total Papers Citations

9

Scholarly Papers (44)

1.

Flexible Work Hours and Dynamic Labor Supply: Evidence from Taxi Drivers

Number of pages: 36 Posted: 01 Jan 2018 Last Revised: 29 Apr 2019
Nicholas Buchholz, Matthew Shum and Haiqing Xu
Princeton University Department of Economics, California Institute of Technology and Department of Economics, University of Texas at Austin
Downloads 423 (66,381)

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Dynamic discrete choice model, Closed form estimator, Optimal stopping, Taxicab industry, Labor supply, Negative wage elasticities, Semiparametric average derivative estimation

2.

Discrete Choice and Rational Inattention: A General Equivalence Result

Number of pages: 33 Posted: 23 Dec 2016 Last Revised: 15 May 2019
University of Copenhagen, Indiana University Bloomington, Ecole Normale Superieure de Cachan (ENS) and California Institute of Technology
Downloads 409 (69,128)

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rational inattention; discrete choice models; random utility; complements; convex analysis; generalized entropy

3.

News We Like to Share: How News Sharing on Social Networks Influences Voting Outcomes

Number of pages: 48 Posted: 24 May 2017 Last Revised: 23 Feb 2019
Kirill Pogorelskiy and Matthew Shum
University of Warwick - Department of Economics and California Institute of Technology
Downloads 391 (72,885)

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News Sharing, Social Networks, Voting, Media Bias, Fake News, Polarization, Filter Bubble, Lab Experiments

Random Projection Estimation of Discrete-Choice Models with Large Choice Sets

Number of pages: 34 Posted: 17 Mar 2016 Last Revised: 11 Aug 2017
Khai Chiong and Matthew Shum
University of Texas at Dallas - Naveen Jindal School of Management and California Institute of Technology
Downloads 217 (137,027)

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semiparametric multinomial choice models, random projection, large choice sets, cyclic monotonicity, Johnson-Lindenstrauss Lemma

Random Projection Estimation of Discrete-Choice Models with Large Choice Sets

USC-INET Research Paper No. 16-14
Number of pages: 30 Posted: 18 Apr 2016 Last Revised: 20 Aug 2016
Khai Chiong and Matthew Shum
University of Texas at Dallas - Naveen Jindal School of Management and California Institute of Technology
Downloads 59 (356,580)

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semiparametric discrete choice models, random projection, machine learning, large choice sets, cyclic monotonicity, Johnson-Lindenstrauss Lemma

5.

Yogurts Choose Consumers? Estimation of Random Utility Models via Two-Sided Matching

Number of pages: 50 Posted: 09 Mar 2017 Last Revised: 09 Mar 2019
Sciences Po, NYU, Department of Economics and Courant Institute, New York University (NYU) and California Institute of Technology
Downloads 273 (109,009)

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random utility models, demand inversion, two-sided matching, discrete choice demand models, partial identification, pure characteristics model

Inference on Estimators Defined by Mathematical Programming

Number of pages: 27 Posted: 22 Sep 2017 Last Revised: 23 Oct 2018
Yu-Wei Hsieh, Xiaoxia Shi and Matthew Shum
University of Southern California - Department of Economics, University of Wisconsin - Madison and California Institute of Technology
Downloads 203 (146,147)

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Stochastic Mathematical Programming, Linear Complementarity Constraints, Moment Inequality, Primal-Dual Methods, Sub-Vector Inference, Portfolio Selection

Inference of Estimators Defined by Mathematical Programming

USC-INET Research Paper No. 17-28
Number of pages: 20 Posted: 27 Sep 2017
Yu-Wei Hsieh, Xiaoxia Shi and Matthew Shum
University of Southern California - Department of Economics, University of Wisconsin - Madison and California Institute of Technology
Downloads 17 (546,045)

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Stochastic Mathematical Programming, Linear Complementarity Constraints, Moment Inequality, Duality, Sub-Vector Inference, Portfolio Selection

7.

Estimation of Random Coefficients Logit Demand Models with Interactive Fixed Effects

USC-INET Research Paper No. 17-10
Number of pages: 57 Posted: 31 Mar 2017
University of Southern California - Department of Economics, California Institute of Technology and University College London - Department of Economics
Downloads 196 (151,177)

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Discrete-Choice Demand Model, Interactive Fixed Effects, Factor Analysis, Panel Data, Random Utility Model.

8.

Estimating Semi-Parametric Panel Multinomial Choice Models Using Cyclic Monotonicity

Number of pages: 32 Posted: 17 Mar 2016 Last Revised: 03 Apr 2018
Xiaoxia Shi, Matthew Shum and Wei Song
University of Wisconsin - Madison, California Institute of Technology and Xiamen University
Downloads 174 (168,325)

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Cyclic Monotonicity, Multinomial Choice, Panel Data, Fixed Effects, Convex analysis

9.

Quality Overprovision in Cable Television Markets

Number of pages: 44 Posted: 19 Apr 2018 Last Revised: 30 Aug 2018
University of Zurich - Department of Economics, University of Mannheim and California Institute of Technology
Downloads 173 (169,255)

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10.

Computing Moment Inequality Models Using Constrained Optimization

USC-INET Research Paper No. 17-21
Number of pages: 22 Posted: 21 Jun 2017 Last Revised: 01 Aug 2017
Baiyu Dong, Yu-Wei Hsieh and Matthew Shum
University of Southern California - Department of Economics, University of Southern California - Department of Economics and California Institute of Technology
Downloads 171 (170,985)

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Moment Inequality Models, Constrained Optimization, MPEC, MPCC, Partial Identification, Computing Identified Set, Confidence Set

BLP-Lasso for Aggregate Discrete Choice Models of Elections with Rich Demographic Covariates

USC-INET Research Paper No. 15-27
Number of pages: 61 Posted: 16 Dec 2015
Claremont McKenna College - Robert Day School of Economics and Finance, California Institute of Technology, University of Southern California - Department of Economics and California Institute of Technology
Downloads 93 (273,941)

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Demand estimation, Elections, Post-model selection inference, Lasso, Big data

BLP-LASSO for Aggregate Discrete Choice Models with Rich Covariates

Number of pages: 32 Posted: 10 Dec 2015 Last Revised: 15 Oct 2018
Claremont McKenna College - Robert Day School of Economics and Finance, California Institute of Technology, University of Southern California - Department of Economics and California Institute of Technology
Downloads 59 (356,580)

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Random-coefficients logit model, High-dimensional regressors, LASSO, Elections, Machine Learning, Big data

Counterfactual Estimation in Semiparametric Discrete-Choice Models

Number of pages: 19 Posted: 04 Jun 2017 Last Revised: 08 Jun 2017
Khai Chiong, Yu-Wei Hsieh and Matthew Shum
University of Texas at Dallas - Naveen Jindal School of Management, University of Southern California - Department of Economics and California Institute of Technology
Downloads 138 (205,058)

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Semiparametric Discrete-Choice Models; Counterfactuals; Convex Analysis; Cyclic Monotonicity; Linear Programming

Counterfactual Evaluation in Semiparametric Multinomial Choice Models

USC-INET Research Paper No. 17-20
Number of pages: 19 Posted: 26 Jul 2017
Khai Chiong, Yu-Wei Hsieh and Matthew Shum
University of Texas at Dallas - Naveen Jindal School of Management, University of Southern California - Department of Economics and California Institute of Technology
Downloads 10 (591,430)

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Semiparametric Multinomial Choice Models; Counterfactual prediction; Convex Analysis, Cyclic Monotonicity; Linear Programming

13.

Duality in Dynamic Discrete Choice Models

Number of pages: 42 Posted: 09 Dec 2015
Khai Chiong, Alfred Galichon and Matthew Shum
University of Texas at Dallas - Naveen Jindal School of Management, NYU, Department of Economics and Courant Institute and California Institute of Technology
Downloads 134 (209,357)

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Testing the Quantal Response Hypothesis

International Economic Review, Volume 60, Issue 1, February 2019, Pages 53-74
Number of pages: 22 Posted: 17 Mar 2016 Last Revised: 22 Feb 2019
Emerson Melo, Kirill Pogorelskiy and Matthew Shum
Indiana University Bloomington, University of Warwick - Department of Economics and California Institute of Technology
Downloads 128 (217,898)

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quantal response equilibrium, behavioral game theory, cyclic monotonicity, moment inequalities, experimental economics

Testing the Quantal Response Hypothesis

International Economic Review, Vol. 60, Issue 1, pp. 53-74, 2019
Number of pages: 22 Posted: 20 Feb 2019
Emerson Melo, Kirill Pogorelskiy and Matthew Shum
Indiana University Bloomington, University of Warwick - Department of Economics and California Institute of Technology
Downloads 1 (664,922)
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15.

On the Empirical Content of the Beckerian Marriage Model

Number of pages: 17 Posted: 01 May 2017 Last Revised: 27 Dec 2017
Jianfei Cao, Xiaoxia Shi and Matthew Shum
University of Chicago - Booth School of Business, University of Wisconsin - Madison and California Institute of Technology
Downloads 119 (229,291)

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Two-Sided Matching, Structural Estimation, Assortative Matching, Indeterminacy, Random Matching

16.

Strategic Manipulation in Peer Performance Evaluation: Evidence from the Field

Number of pages: 49 Posted: 06 May 2016 Last Revised: 25 Jan 2017
Yifei Huang, Matthew Shum, Xi Wu and Jason Zezhong Xiao
California Institute of Technology, California Institute of Technology, Central University of Finance and Economics (CUFE) and Cardiff Business School, Cardiff University
Downloads 117 (232,209)

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peer performance evaluation, strategic manipulation, personnel economics, sabotage, envy, field data

17.

The Revealed Preference Theory of Stable and Extremal Stable Matchings

Number of pages: 45 Posted: 15 Nov 2010 Last Revised: 14 May 2011
California Institute of Technology - Division of the Humanities and Social Sciences, California Institute of Technology - Division of the Humanities and Social Sciences, California Institute of Technology and Boston College
Downloads 108 (245,934)
Citation 2

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Aggregate matching, stability, rationalizability, revealed preference tests

18.

Is Pharmaceutical Detailing Informative? Evidence from Contraindicated Drug Prescriptions

Number of pages: 32 Posted: 30 Jan 2012 Last Revised: 16 Dec 2018
Guofang Huang, Matthew Shum and Wei Tan
Purdue University, California Institute of Technology and SUNY at Stony Brook University, College of Arts and Science, Department of Economics
Downloads 95 (268,174)

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Pharmaceutical detailing, Informative advertising, Sales force, Contraindications, Bayesian learning models

19.

To Score or Not to Score? Estimates of a Sponsored Search Auction Model

USC-INET Research Paper No. 15-09, Marshall School of Business Working Paper No. FBE 04.16
Number of pages: 27 Posted: 18 Feb 2015 Last Revised: 25 Jul 2018
Yu-Wei Hsieh, Matthew Shum and Sha Yang
University of Southern California - Department of Economics, California Institute of Technology and University of Southern California - Marshall School of Business
Downloads 87 (283,526)

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Sponsored-search advertising, Auctions, Market design, Two-sided Matching, Bayesian estimation

20.

Money in Judicial Politics: Individual Contributions and Collective Decisions

Number of pages: 43 Posted: 06 Feb 2012
Matias Iaryczower and Matthew Shum
Princeton University and California Institute of Technology
Downloads 73 (314,737)
Citation 1

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21.

Combining Choices and Response Times in the Field: a Drift-Diffusion Model of Mobile Advertisements

Number of pages: 35 Posted: 19 Dec 2018 Last Revised: 02 May 2019
Khai Chiong, Matthew Shum, Ryan Webb and Richard Chen
University of Texas at Dallas - Naveen Jindal School of Management, California Institute of Technology, University of Toronto and Happy Elements, Inc.
Downloads 68 (327,129)

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mobile advertising, drift-diffusion model, response times, skippable ads, bounded accumulation models

Efficiency and Bargaining Power in the Interbank Loan Market

Number of pages: 41 Posted: 25 Aug 2012 Last Revised: 11 Feb 2015
Government of Canada - Bank of Canada, Government of Canada - Bank of Canada, California Institute of Technology - Division of the Humanities and Social Sciences and California Institute of Technology
Downloads 67 (333,703)

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interbank markets, cooperative bargaining, financial institutions

Efficiency and Bargaining Power in the Interbank Loan Market

International Economic Review, Vol. 57, Issue 2, pp. 691-716, 2016
Number of pages: 26 Posted: 29 Apr 2016
Government of Canada - Bank of Canada, Government of Canada - Bank of Canada, California Institute of Technology - Division of the Humanities and Social Sciences and California Institute of Technology
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23.

A Simple Estimator for Dynamic Models with Serially Correlated Unobservables

Number of pages: 26 Posted: 30 Sep 2015
Yingyao Hu, Matthew Shum, Wei Tan and Ruli Xiao
Johns Hopkins University - Department of Economics, California Institute of Technology, Compass Lexecon and Indiana University
Downloads 64 (337,692)

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24.

Identification and Estimation of Online Price Competition with an Unknown Number of Firms

Kelley School of Business Research Paper No. 16-27
Number of pages: 23 Posted: 22 Mar 2016 Last Revised: 12 Apr 2017
Texas A&M University, Indiana University - Kelley School of Business - Department of Business Economics & Public Policy, Johns Hopkins University - Department of Economics, University of California, Berkeley - Economic Analysis & Policy Group and California Institute of Technology
Downloads 62 (343,127)

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E-Retail Markets, Nonparametric Identification, Structural Estimation

25.

Auctioneers as Market Makers: Managing Momentum in Chittagong Tea Auctions

CESifo Working Paper Series No. 5843
Number of pages: 37 Posted: 17 Mar 2016
Tanjim Hossain, Fahad Khalil and Matthew Shum
University of Toronto, University of Washington - Department of Economics and California Institute of Technology
Downloads 53 (370,027)

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26.

The Cushioning Benefits of Biased Beliefs

Number of pages: 45 Posted: 12 Sep 2017 Last Revised: 20 Jul 2018
Lawrence J. Jin, Matthew Shum and Mali Zhang
California Institute of Technology, California Institute of Technology and California Institute of Technology - Division of the Humanities and Social Sciences
Downloads 46 (393,069)

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cushioning, extrapolation, oil exploration

27.

Research Opportunities in Emerging Markets: An Inter-Disciplinary Perspective from Marketing, Economics, and Psychology

Cust. Need. and Solut. (2015) 2:264-276
Number of pages: 13 Posted: 23 Mar 2016
California Institute of Technology, Yale School of Management, University of Southern California - Marshall School of Business, Yale University, Brown University - Department of Economics, University of Maryland - Department of Economics, Massachusetts Institute of Technology (MIT) - Department of Economics, University of California, Berkeley - Marketing Group, Northwestern University - Kellogg School of Management, Yale School of Management, University of Southern California, University of Michigan at Ann Arbor and Yale School of Management
Downloads 46 (393,069)

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28.

Nonparametric Identification of First-Price Auctions With Non-Separable Unobserved Heterogeneity

Economic Research Initiatives at Duke (ERID) Working Paper No. 61
Number of pages: 22 Posted: 17 Sep 2010
David McAdams, Yingyao Hu and Matthew Shum
Duke University - Fuqua School of Business, Johns Hopkins University - Department of Economics and California Institute of Technology
Downloads 44 (400,120)
Citation 1

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29.

Public vs. Secret Reserve Prices in Auctions: Evidence from Combining Field and Lab Experiments

Number of pages: 29 Posted: 20 Apr 2016 Last Revised: 10 Jun 2016
David M. Grether, David Porter and Matthew Shum
California Institute of Technology, Chapman University - Department of Business and Economics and California Institute of Technology
Downloads 42 (407,390)

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auctions, reserve prices, field experiments, combining field and laboratory experiments, experimental economics

30.

Demand Estimation with High-Dimensional Product Characteristics

Advances in Econometrics, Volume 34, 301-323, 2014
Number of pages: 23 Posted: 09 Dec 2015
Claremont McKenna College - Robert Day School of Economics and Finance, California Institute of Technology and University of Southern California - Department of Economics
Downloads 42 (407,390)

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31.

Superstition and 'Lucky' Apartments: Evidence from Transaction-Level Data

Number of pages: 16 Posted: 10 Dec 2015
Matthew Shum, Wei Sun and Guangliang Ye
California Institute of Technology, Renmin University of China - Hanqing Advanced Institute of Economics and Finance and School of Finance and Renmin University of China - Hanqing Institute
Downloads 35 (434,850)

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The Welfare Effects of Endogenous Quality Choice in Cable Television Markets

University of Zurich, Department of Economics, Working Paper No. 202
Number of pages: 41 Posted: 08 Oct 2015
University of Zurich - Department of Economics, University of Mannheim and California Institute of Technology
Downloads 30 (468,547)
Citation 4

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Industrial organization, endogenous quality, imperfect competition, monopoly, cable television, quality distortions, welfare, quality markup

The Welfare Effects of Endogenous Quality Choice in Cable Television Markets

CEPR Discussion Paper No. DP10793
Number of pages: 43 Posted: 04 Sep 2015
University of Zurich - Department of Economics, University of Mannheim and California Institute of Technology
Downloads 1 (664,922)
Citation 4
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cable television, endogenous quality, imperfect competition, industrial organization, monopoly, pay television, quality markup, welfare

33.

Can Words Get in the Way? The Effect of Deliberation in Collective Decision-Making

Number of pages: 70 Posted: 20 Mar 2016 Last Revised: 15 Jan 2018
Matias Iaryczower, Xiaoxia Shi and Matthew Shum
Princeton University, University of Wisconsin - Madison and California Institute of Technology
Downloads 30 (456,635)

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voting, courts, communication, partial identification

34.

Cyber-Shilling in Automobile Auctions: Evidence from a Field Experiment

American Economic Journal: Microeconomics 2015, 7(3): 85–103
Number of pages: 19 Posted: 20 Mar 2017
David M. Grether, David Porter and Matthew Shum
California Institute of Technology, Chapman University - Department of Business and Economics and California Institute of Technology
Downloads 24 (487,398)

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35.

A Parimutuel-Like Mechanism for Information Aggregation: A Field Test Inside Intel

Number of pages: 43 Posted: 03 Oct 2014
Claremont McKenna College - Robert Day School of Economics and Finance, California Institute of Technology - Division of the Humanities and Social Sciences and California Institute of Technology
Downloads 24 (487,398)

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information aggegation, mechanism, subjective probability, parimutuel

36.

A Parimutuel-Like Mechanism for Information Aggregation: A Field Test Inside Intel

Number of pages: 39 Posted: 10 Dec 2015 Last Revised: 20 Mar 2016
Ben Gillen, Charles R. Plott and Matthew Shum
California Institute of Technology - Division of the Humanities and Social Sciences, California Institute of Technology - Division of the Humanities and Social Sciences and California Institute of Technology
Downloads 17 (526,770)

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37.

Partial Identification in Two-Sided Matching Models

Number of pages: 20 Posted: 22 Mar 2016
Federico Echenique, SangMok Lee and Matthew Shum
California Institute of Technology - Division of the Humanities and Social Sciences, California Institute of Technology - Division of the Humanities and Social Sciences and California Institute of Technology
Downloads 15 (538,191)

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38.

Estimation and Inference in an Ecological Inference Model

Number of pages: 32 Posted: 22 Mar 2016
Yanqin Fan, Robert P. Sherman and Matthew Shum
University of Washington - Department of Economics, California Institute of Technology - Division of the Humanities and Social Sciences and California Institute of Technology
Downloads 14 (543,959)

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Copula, ecological inference, partial identification, treatment effects

39.

Detecting Information Pooling: Analysts' Forecasts after Brokerage Firm Mergers

The B.E. Journal of Economic Analysis & Policy, 2007
Number of pages: 38 Posted: 20 Mar 2016 Last Revised: 26 Apr 2016
Serena Ng and Matthew Shum
Columbia Business School - Economics Department and California Institute of Technology
Downloads 14 (543,959)

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information pooling, earnings forecasts, brokerage mergers

40.

Bounding Causal Effects in Ecological Inference Problems

Number of pages: 16 Posted: 10 Dec 2015
Universidad Diego Portales - Facultad de Economía y Empresa, Indiana University Bloomington, California Institute of Technology - Division of the Humanities and Social Sciences and California Institute of Technology
Downloads 9 (573,566)

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41.

Semiparametric Estimation of Dynamic Discrete Choice Models

Number of pages: 30 Posted: 10 May 2019
Nicholas Buchholz, Matthew Shum and Haiqing Xu
Princeton University Department of Economics, California Institute of Technology and Department of Economics, University of Texas at Austin
Downloads 8 (579,523)

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Semiparametric estimation, Dynamic discrete choice model, Average derivative estimation

42.

Structural Estimation of Auction Models

Number of pages: 19 Posted: 10 Dec 2015
Han Hong and Matthew Shum
Stanford University and California Institute of Technology
Downloads 8 (579,523)

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43.

Identifying Dynamic Games with Serially-Correlated Unobservables

Number of pages: 19 Posted: 20 Mar 2016
Yingyao Hu and Matthew Shum
Johns Hopkins University - Department of Economics and California Institute of Technology
Downloads 6 (591,688)
Citation 1

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44.

Do Campaign Contributions Reduce the Quality of Elected Justices?

APSA 2011 Annual Meeting Paper
Posted: 01 Aug 2011
Matias Iaryczower, Matthew Shum and Garrett Lewis
Princeton University, California Institute of Technology and California Institute of Technology

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