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Published in 2021 at "Economic Modelling"
DOI: 10.1016/j.econmod.2021.02.017
Abstract: Abstract We develop a new method to estimate the parameters of threshold distributions for market participation based on an agent-specific attribute and its decision outcome. This method requires few behavioral assumptions, is not data demanding,…
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Keywords:
jump high;
market participation;
threshold distributions;
high quantifying ... See more keywords