2 papers
econ.GN2021
The Black Market for Beijing License Plates
Øystein Daljord, Guillaume Pouliot, Junji Xiao +1
Black markets can reduce the effects of distortionary regulations by reallocating scarce resources toward consumers who value them most. The illegal nature of black markets, howeve…
econ.EM2019
A Comment on "Estimating Dynamic Discrete Choice Models with Hyperbolic Discounting" by Hanming Fang and Yang Wang
Jaap H. Abbring, Øystein Daljord
The recent literature often cites Fang and Wang (2015) for analyzing the identification of time preferences in dynamic discrete choice under exclusion restrictions (e.g. Yao et al.…