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作者：Bogomolnaia, A; Moulin, H
作者单位：Rice University
摘要：We consider bilateral matching problems where each person views those on the other side of the market as either acceptable or unacceptable: an acceptable mate is preferred to remaining single, and the latter to an unacceptable mate; all acceptable mates are welfare-wise identical. Using randomization, many efficient and fair matching methods define strategyproof revelation mechanisms. Randomly selecting a priority ordering of the participants is a simple example. Equalizing as much as possible...
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作者：Gul, F; Pesendorfer, W
作者单位：Princeton University
摘要：To study the behavior of agents who are susceptible to temptation in infinite horizon consumption problems under uncertainty, we define and characterize dynamic self-control (DSC) preferences. DSC preferences are recursive and separable. In economies with DSC agents, equilibria exist but may be inefficient; in such equilibria, steady state consumption is independent of initial endowments and increases in self-control. Increasing the preference for commitment while keeping self-control constant...
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作者：Schennach, SM
作者单位：University of Chicago
摘要：This paper presents a solution to an important econometric problem, namely the root n consistent estimation of nonlinear models with measurement errors in the explanatory variables, when one repeated observation of each mismeasured regressor is available. While a root n consistent estimator has been derived for polynomial specifications (see Hausman, Ichimura, Newey, and Powell (1991)), such an estimator for general nonlinear specifications has so far not been available. Using the additional i...
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作者：Miguel, E; Kremer, M
作者单位：University of California System; University of California Berkeley; National Bureau of Economic Research; Harvard University; Brookings Institution; National Bureau of Economic Research
摘要：Intestinal helminths-including hookworm, roundworm, whipworm, and schistosomiasis-infect more than one-quarter of the world's population. Studies in which medical treatment is randomized at the individual level potentially doubly underestimate the benefits of treatment, missing externality benefits to the comparison group from reduced disease transmission, and therefore also underestimating benefits for the treatment group. We evaluate a Kenyan project in which school-based mass treatment with...
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作者：Samuelson, L
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：Preferences exhibit relative consumption effects if a person's satisfaction with their own consumption appears to depend upon how much others are consuming. This paper examines a model of an evolutionary environment in which Nature optimally builds relative consumption effects into preferences in order to compensate for incomplete environmental information.
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作者：Newey, WK; Smith, RJ
作者单位：Massachusetts Institute of Technology (MIT); University of Warwick
摘要：In an effort to improve the small sample properties of generalized method of moments (GMM) estimators, a number of alternative estimators have been suggested. These include empirical likelihood (EL), continuous updating, and exponential tilting estimators. We show that these estimators share a common structure, being members of a class of generalized empirical likelihood (GEL) estimators. We use this structure to compare their higher order asymptotic properties. We find that GEL has no asympto...
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作者：Meghir, C; Pistaferri, L
作者单位：University of London; University College London; London School Economics & Political Science; University of London; University College London; Stanford University
摘要：Recent theoretical work has shown the importance of measuring microeconomic uncertainty for models of both general and partial equilibrium under imperfect insurance. In this paper the assumption of i.i.d. income innovations used in previous empirical studies is removed and the focus of the analysis is placed on models for the conditional variance of income shocks, which is related to the measure of risk emphasized by the theory. We first discriminate amongst various models of earnings determin...
