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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18168 |
来源ID | Working Paper 18168 |
Unobserved Heterogeneity in Matching Games with an Application to Venture Capital | |
Jeremy T. Fox; David H. Hsu; Chenyu Yang | |
发表日期 | 2012-06-15 |
出版年 | 2012 |
语种 | 英语 |
摘要 | Agents in two-sided matching games vary in characteristics that are unobservable in typical data on matching markets. We investigate the identification of the distribution of unobserved characteristics using data on who matches with whom. In full generality, we consider many-to-many matching and matching with trades. The distribution of match-specific unobservables cannot be fully recovered without information on unmatched agents, but the distribution of a combination of unobservables, which we call unobserved complementarities, can be identified. Using data on unmatched agents restores identification. We estimate the contribution of observables and unobservable complementarities to match production in venture capital investments in biotechnology and medical firms. |
主题 | Econometrics ; Estimation Methods ; Microeconomics ; Game Theory ; Labor Economics ; Demography and Aging ; Industrial Organization |
URL | https://www.nber.org/papers/w18168 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575843 |
推荐引用方式 GB/T 7714 | Jeremy T. Fox,David H. Hsu,Chenyu Yang. Unobserved Heterogeneity in Matching Games with an Application to Venture Capital. 2012. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18168.pdf(733KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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