Structural Estimation Algorithms for Dynamic Choice and Equilibrium Models

该奖项是对评估微观经济决策模型的计算方法的开发和应用的持续研究。在以前的赠款下，调查员对计算方法的发展作出了重大贡献，并产生了几个有用的应用程序。他还制作了几个计算机程序，事实证明，这些程序对其他研究相关问题的研究人员很有价值。该项目将探讨一些不同但相关的主题。其中包括：(1)动态选择和均衡模型估计算法的经验应用和软件实现；(2)将算法扩展到处理连续选择变量；(3)一般均衡模型估计算法的发展。这一研究具有重要意义，因为它将有助于更深入地理解微观经济决策过程，并为估计一般均衡模型指明新的方向。

This award is for continued research on the development and application of computational methods for estimating microeconomic decision models. Under the previous grant the investigator has made significant contributions to the development of computational methods and has produced several useful applications. He has also produced several computer programs which have proved valuable to other researchers working on related issues. The project will pursue a number of different, but related topics. Among these are: (1) Empirical applications and software implementation of estimation algorithms for dynamic choice and equilibrium models; (2) Extending the algorithms to handle continuous choice variables; (3) The development of algorithms for estimating general equilibrium models. This research is important because it will contribute to a deeper understanding of microeconomic decision process, as well as pointing toward new directions for estimating general equilibrium models.