Limited information estimators and exogeneity tests for simultaneous probit models

TL;DR: In this paper, the authors assess the effectiveness of auction assignments and excess licenses on encouraging entry in wireless communication service markets and show that the probability of entry is enhanced by using auction assignments.

TL;DR: In this paper, the relationship between state-level court expenditures and the propensity of injured parties to pursue litigation was studied and it was shown that expenditures increase litigation access, with their preferred estimates indicating that a 10 percent budget increase increases litigation rates by 3 percent.

TL;DR: In this article, the causal impact of patent invalidation on subsequent innovation by the patent holder is studied. But the analysis is based on court invalidation of patents by the U.S. Court of Appeals for the Federal Circuit, and exploits the random allocation of judges to control for the endogeneity of the judicial decision.

TL;DR: In this article, the authors show that a positive association between income and conservative voting persists when controlling for unobservables, but the magnitude of the effect is reduced by a factor of five.

TL;DR: In this article, the authors considered the formulation and estimation of simultaneous equation models with both discrete and continuous endogenous variables and proposed a statistical model that is sufficiently rich to encompass the classical simultaneous equation model for continuous endogenous variable and more recent models for purely discrete endogenous variables as special cases of a more general model.

TL;DR: In this article, the generalized inverse of matrices and its applications are discussed and discussed in terms of generalized inverse of matrix and its application in the context of generalization of matrix matrices.

TL;DR: In this article, the authors considered the formulation and estimation of simultaneous equation models with both discrete and continuous endogenous variables and proposed a statistical model that is sufficiently rich to encompass the classical simultaneous equation model for continuous endogenous variable and more recent models for purely discrete endogenous variables as special cases of a more general model.