The Econometric SocietyEdited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Jan, 1999, Volume 67, Issue 1
https://doi.org/10.1111/1468-0262.00005
p. 101-119
Klaus Nehring
We study preferences over Savage acts that map states to opportunity sets and satisfy the Savage axioms. Preferences over opportunity sets may exhibit a due to an implicit uncertainty about future preferences reflecting anticipated unforeseen contingencies. The main result of this paper characterizes maximization of the expected indirect utility in terms of an ‘Indirect Stochastic Dominance’ axiom that expresses a preference for ‘more opportunities in expectation.’ The key technical tool of the paper, a version of Möbius inversion, has been imported from the theory of nonadditive belief functions; it allows an alternative representation using Choquet integration, and yields a simple proof of Kreps' (1979) classic result.
Proofs and mathematical arguments for section 4.
General results of the paper illustrated on a parametric example.
File contains some omitted details on the existence of belief free equilibria for two families of games that are studied in the literature on reputation.
This file presents three extensions of the example in Section 3.
A zip file that includes data and programs.
A pdf file containing detailed proofs.
Contains additional data files for manuscript.
This appendix provides additional results.
This supplement contains proofs for the manuscript.
The GAUSS code used to compute the simulation results reported in Andrews and Soares (2010)
This document gives additional graphical displays of identified sets for the binary outcome, binary endogenous varible case considered in section 3.1.3 of the manuscript.
A zip file that contains all the programs used to generate the figures in the paper, as well as a "read me" file.
Additional background information for the paper as well as proofs.
A zip file containing four matlab programs for the paper and a descriptive pdf file.
PDF file containing tables and four parts: Bootstrap Procedure, Inflation Forecasting, Regression Simulation, and Taylor Rules.
Appendix for manuscript that shows in the reputation games (section 7), if a continuous-time public randomization device is available, then a Markov perfect equilibrium in publicly randomized strategies exists under Conditions 1 and 4.
A zip file containing replication files for the manuscript.
A zip file containing replication files for the manuscript.
This appendix contains details about the dynamic panel estimation, international evidence about labor force, details about survey data, and sources and summary statistics for all the county-level data.
A zip file containing instructions and the replication files for the manuscript.
A zip file containing information needed to replicate the bootstrapped standard errors.
This file contains data, extenstions, and proofs not found within the paper.
Proofs of the lemmas and theorems as well as more detailed description of the Monte Carlo exercises are provided in this appendix.
A zip file containing replication files for the manuscript.
A PDF file containing additional proofs for the manuscript.
A zip file containing replication files for the manuscript.
This appendix outlines the details of the manuscript's data construction (section S.1) and the implementation of the selection correction procedure described in the main text (section S.2). In addition, we examine the robustness of our results in a number of dimensions and provide some derivations of key equations in the main paper.
This online appendix contains the proofs of all the lemmas that do not appear in the printed appendix to the paper. It also contains the statements of all these lemmas and details of the intervening arguments in the proofs of the propositions. It also contains a proof of existence for a more general model that implies Proposition 3 (ii).
This zip file contains replication files for the manuscript.
This appendix contains the sufficiency proof for Theorem 1.
Sample instructions for the subjects.
The replication files for the manuscript.
Table 7: Joint Hypothesis Studentized Test Results
This zip file contains the replication files for the manuscript.
This zip file contains the replication files for the manuscript.
This appendix contains some materials that were omitted in the manuscript as well as technical proofs.
This appendix contains material not found in the manuscript. It includes a description of algorithm used in the paper, more detail on data assembly, as well as robustness checks on the results in the paper.
This zip file contains the replication files for the manuscript.
This file contains Supplemental Appendices A,B,C,D, and E.
This zip file contains the replication files for the manuscript.
This supplemental appendix contains proofs and additional results not found in the manuscript.
This appendix contains proofs omitted from the main text.
This zip file contains the replication files for the manuscript.
This zip file contains the replication files for the manuscript.
This document describes the processing steps from the original data files to the analysis used in manuscript.
This zip file contains the replication files for the manuscript.
This zip file contains the replication files for the manuscript.
This appendix contains (I) detailed description of econometric implementation; (ii) detailed data description; (iii) additional empirical results; (iv) model extensions.
