Preferences estimation without approximation

Moawia, Alghalith (2009): Preferences estimation without approximation.

Abstract

We devise an estimation methodology which allows preferences estimation and comparative statics analysis without a reliance on Taylor’s approximations and the indirect utility function.

• Item Type: MPRA Paper
• Language: English
• Keywords: utility, risk, uncertainty, portfolio, production, estimation
• Subjects: C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C13 - Estimation: General; D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D80 - General

References

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