Dynamic Discrete Choice Structural Models: A Survey
68 Pages Posted: 4 Aug 2007 Last revised: 30 Oct 2016
Date Written: May 1, 2010
This paper reviews methods for the estimation of dynamic discrete choice structural models and discusses related econometric issues. We consider single agent models, competitive equilibrium models and dynamic games. The methods are illustrated with descriptions of empirical studies which have applied these techniques to problems in different areas of economics. Programming codes for the estimation methods are available in a companion web page.
Keywords: Dynamic structural models, Discrete choice, Estimation methods
JEL Classification: C14, C25, C61
Suggested Citation: Suggested Citation