Item Infomation


Title: 
Relaxing the symmetry assumption in participation games: a specification test for cluster-heterogeneity
Authors: 
Alan, Kirman
François, Laisney
Paul, Pezanis-Christou
Issue Date: 
2023
Publisher: 
Springer
Abstract: 
We propose a novel approach to check whether individual behaviour in binary-choice participation games is consistent with the restrictions imposed by symmetric models. This approach allows in particular an assessment of how much cluster-heterogeneity a symmetric model can tolerate to remain consistent with its behavioural restrictions. We assess our approach with data from market-entry experiments which we analyse through the lens of ‘Exploration versus Exploration’ (EvE, which is equivalent to Logit-QRE) or of Impulse Balance Equilibrium (IBE).
Description: 
CC BY
URI: 
https://link.springer.com/article/10.1007/s10683-023-09797-8
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7745
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