Sequential Labor Decisions under Uncertainty: An Estimable Household Model of West-African Farmers.
This paper reports estimates of the primitive parameters of a stochastic control model describing the labor decisions of West African small farmers. Maximum likelihood estimates are computed although optimal labor decision rules cannot be derived analytically. Vuong's non-nested model specifica...
| מחבר ראשי: | |
|---|---|
| פורמט: | Journal article |
| שפה: | English |
| יצא לאור: |
Econometric Society
1993
|