1989
DOI: 10.1086/298212
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Estimating a Simultaneous Search Model

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Cited by 47 publications
(33 citation statements)
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“…More recently, researchers such as Wolpin (1987), Stern (1989), and Christiansen and Kiefer (1991) have pursued a more structural approach in which the estimation is derived explicitly from the theory. This approach incorporates the restrictions given by the condition of optimal search to the empirical work.…”
Section: Structural Estimation Without Heterogeneitymentioning
confidence: 99%
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“…More recently, researchers such as Wolpin (1987), Stern (1989), and Christiansen and Kiefer (1991) have pursued a more structural approach in which the estimation is derived explicitly from the theory. This approach incorporates the restrictions given by the condition of optimal search to the empirical work.…”
Section: Structural Estimation Without Heterogeneitymentioning
confidence: 99%
“…With this lack of information about fundamental elements of the theoretical model, it becomes di¢cult to construct meaningful tests of the model. Stern (1989) suggests in a model where r and c are not separately identi…ed that one can construct the set of combininations of r and c that are consistent with the search behavior equation and then determine whether any elements of the set are "reasonable" values. This provides an informal test of the theory.…”
Section: Structural Estimation Without Heterogeneitymentioning
confidence: 99%
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