Behavioral Econometrics for Psychologists


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Behavioral Econometrics for Psychologists

Show simple item record Andersen, Steffen Harrison, Glenn W. Lau, Morten Igel Rutström, Elisabet E. 2009-05-28 2009-05-28T08:57:39Z 2009-05-28T08:57:39Z 2009-05-28T08:57:39Z
dc.description.abstract We make the case that psychologists should make wider use of econometric methods for the estimation of structural models. These methods involve the development of maximum likelihood estimates of models, where the likelihood function is tailored to the structural model. In recent years these models have been developed for a wide range of behavioral models of choice under uncertainty. We explain the components of this methodology, and illustrate with applications to major models from psychology. The goal is to build, and traverse, a constructive bridge between the modeling insights of psychology and the statistical tools of economists. en_US
dc.format.extent 74 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Working paper;2009-04
dc.title Behavioral Econometrics for Psychologists en_US
dc.type wp en_US
dc.accessionstatus modt09maj28 nijemo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Økonomisk Institut en_US
dc.contributor.departmentshort ECON en_US
dc.contributor.departmentuk Department of Economics en_US
dc.contributor.departmentukshort ECON en_US
dc.idnumber x656597363 en_US
dc.publisher.year 2009 en_US

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