【主讲】Ming He (University of Technology Sydney)
【主题】Structural Analysis of Tullock Contests with an Application to U.S. House of Representatives Elections
【时间】2017年6月13日 (周二) 15：30-17：00
【地点】上海财经大学经济学院楼312室
【语言】英文
【摘要】We study the econometrics of an asymmetric Tullock contest model with incomplete information and establish nonparametric identification of the distributions of players’private cost signals. We propose estimators for the quantile functions, establish their consistency, and develop an asymptotic inference procedure. Monte Carlo experiments demonstrate the good finite sample performance of the estimators and confidence intervals. We employ this newly developed method to analyze data from U.S. House of Representatives elections. The structural estimation results provide insights into the technological advances of the past four decades and quantify the incumbency advantage.
