Testing for complementarity when strategies are dichotomous
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http://dx.doi.org/10.1016/j.econlet.2009.09.016 |
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Title
Testing for complementarity when strategies are dichotomousDate
2010Publisher
ElsevierISSN
1651765Bibliographic citation
Economics Letters, 106, 1, p. 28-31Type
info:eu-repo/semantics/articleSubject
Abstract
We show that it is not possible to extend Arora (1996) reduced form test for the existence of complementarity to evaluate the relationship between a couple of dichotomous strategies as it leads to an incoherent ... [+]
We show that it is not possible to extend Arora (1996) reduced form test for the existence of complementarity to evaluate the relationship between a couple of dichotomous strategies as it leads to an incoherent simultaneous discrete response model. © 2009 Elsevier B.V. All rights reserved. [-]
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- ECO_Articles [693]