Grazzini, Jacob; Richiardi, Matteo; Sella, Lisa - Collegio Carlo Alberto, Università degli Studi di Torino - 2012
Starting from an agent-based interpretation of the well-known Bass innovation diffusion model, we perform a Montecarlo analysis of the performance of a method of simulated moment estimator. We show that nonlinearities of the moments lead to a small bias in the estimates in small populations, and...