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Micro Data, Heterogeneity, and the Evaluation of Public Policy: Nobel Lecture

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Outgoing claims: the papers this work cites, builds on, or argues with.

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Explaining Rising Wage Inequality: Explorations with a Dynamic General Equilibrium Model of Labor Earnings with Heterogeneous Agents
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Drawing Inferences from Self-Selected Samples
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Selection Modeling Versus Mixture Modeling with Nonignorable Nonresponse
inferredcites →https://doi.org/10.1007/978-1-4612-4976-4_12openalex-snapshot
A Comment on Remarks by Rubin and Hartigan
inferredcites →https://doi.org/10.1007/978-1-4612-4976-4_7openalex-snapshot
Alternative Methods for Solving the Problem of Selection Bias in Evaluating the Impact of Treatments on Outcomes
inferredcites →https://doi.org/10.1007/978-1-4613-8560-8_24openalex-snapshot
Weighted Distributions Arising Out of Methods of Ascertainment: What Population Does a Sample Represent?
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Sensitivity to Hidden Bias
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Sensitivity to Hidden Bias
inferredcites →https://doi.org/10.1007/978-3-642-51565-1_34openalex-snapshot
A New Approach to Consumer Theory
inferredcites →https://doi.org/10.1007/978-3-642-57615-7_1openalex-snapshot
Instrumental variables, selection models, and tight bounds on the average treatment effect
inferredcites →https://doi.org/10.1007/978-94-010-9280-7_17openalex-snapshot
Economic Measurements for Policy and Prediction
inferredcites →https://doi.org/10.1016/0041-1647(76)90063-0openalex-snapshot
Urban travel demand: A behavioral analysis
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The effect of wages, taxes, and fixed costs on women's labor force participation
inferredcites →https://doi.org/10.1016/0164-0704(88)90067-5openalex-snapshot
Advanced econometrics
inferredcites →https://doi.org/10.1016/0165-1889(80)90049-4openalex-snapshot
Formulating and estimating dynamic linear rational expectations models
inferredcites →https://doi.org/10.1016/0165-4896(94)90027-2openalex-snapshot
Identification problems in the social sciences
inferredcites →https://doi.org/10.1016/0167-2231(84)90007-1openalex-snapshot
Macroeconomic analyses and microeconomic analyses of labor supply
inferredcites →https://doi.org/10.1016/0167-2231(84)90009-5openalex-snapshot
Labor-force heterogeneity and the business cycle
inferredcites →https://doi.org/10.1016/0167-2231(84)90010-1openalex-snapshot
Comments on the Ashenfelter and Kydland papers
inferredcites →https://doi.org/10.1016/0304-3878(91)90005-gopenalex-snapshot
Sequential migration theory and evidence from Peru
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Indivisible labor and the business cycle
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Indivisible labor, lotteries and equilibrium
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Further evidence on the robustness of the Tobit estimator to heteroskedasticity
inferredcites →https://doi.org/10.1016/0304-4076(82)90097-5openalex-snapshot
New methods for analyzing structural models of labor force dynamics
inferredcites →https://doi.org/10.1016/0304-4076(87)90018-2openalex-snapshot
A comment on consumer demand systems with binding non-negativity constraints
inferredcites →https://doi.org/10.1016/0304-4076(93)90111-hopenalex-snapshot
Semiparametric estimation of censored selection models with a nonparametric selection mechanism
inferredcites →https://doi.org/10.1016/0304-4076(94)90069-8openalex-snapshot
Coherency and estimation in simultaneous models with censored or qualitative dependent variables
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Regression and Selection Models to Improve Nonexperimental Comparisons
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ABNORMAL SELECTION BIAS
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On the Structural Form of Interdependent Systems
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The relationship between treatment parameters within a latent variable framework
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Econometric policy evaluation: A critique
inferredcites →https://doi.org/10.1016/s0304-4076(97)00117-6openalex-snapshot
Maximum likelihood estimation of a binary choice model with random coefficients of unknown distribution
inferredcites →https://doi.org/10.1016/s1573-4420(85)80007-0openalex-snapshot
Chapter 4 Taxes and labor supply
inferredcites →https://doi.org/10.1016/s1573-4463(99)03012-6openalex-snapshot
The Economics and Econometrics of Active Labor Market Programs
inferredcites →https://doi.org/10.1016/s1574-0048(99)01011-3openalex-snapshot
Chapter 8 Micro data and general equilibrium models
inferredcites →https://doi.org/10.1017/cbo9780511522109openalex-snapshot
The History of Econometric Ideas
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Labor Supply
inferredcites →https://doi.org/10.1017/ccol0521265967openalex-snapshot
The Econometric Analysis of Transition Data
inferredcites →https://doi.org/10.1017/ccol0521304539.002openalex-snapshot
Social science duration analysis
inferredcites →https://doi.org/10.1017/ccol0521304539.004openalex-snapshot
Alternative methods for evaluating the impact of interventions
inferredcites →https://doi.org/10.1017/ccol0521444594.004openalex-snapshot
The selection problem
inferredcites →https://doi.org/10.1017/s0266466600006848openalex-snapshot
Identification, Estimation, and Testing in Parametric Empirical Models of Auctions within the Independent Private Values Paradigm
inferredcites →https://doi.org/10.1037/h0070288openalex-snapshot
A law of comparative judgment.
inferredcites →https://doi.org/10.1057/978-1-349-95121-5_1762-1openalex-snapshot
Selection Bias and Self-Selection
inferredcites →https://doi.org/10.1073/pnas.73.1.11openalex-snapshot
Bounds for a joint distribution function with fixed sub-distribution functions: Application to competing risks
inferredcites →https://doi.org/10.1073/pnas.93.23.13416openalex-snapshot
Sources of selection bias in evaluating social programs: An interpretation of conventional measures and evidence on the effectiveness of matching as a program evaluation method
inferredcites →https://doi.org/10.1073/pnas.96.8.4730openalex-snapshot
Local instrumental variables and latent variable models for identifying and bounding treatment effects
inferredcites →https://doi.org/10.1080/00401706.1966.10490367openalex-snapshot
An Introduction to Mathematical Learning Theory
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Iterative Estimation of a Set of Linear Regression Equations
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The Analysis of Cross-Classified Data: Independence, Quasi-Independence, and Interactions in Contingency Tables with or Without Missing Entries
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The Multivariate Analysis of Qualitative Data: Interactions among Multiple Classifications
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On Using Linear Regressions in Welfare Economics
inferredcites →https://doi.org/10.1086/250010openalex-snapshot
Life Cycle Schooling and Dynamic Selection Bias: Models and Evidence for Five Cohorts of American Males
inferredcites →https://doi.org/10.1086/259131openalex-snapshot
A New Approach to Consumer Theory
inferredcites →https://doi.org/10.1086/260065openalex-snapshot
Labor-Force Participation Rates and the Supply of Labor
inferredcites →https://doi.org/10.1086/260267openalex-snapshot
Wage Comparisons--A Selectivity Bias
inferredcites →https://doi.org/10.1086/260268openalex-snapshot
Comments on Selectivity Biases in Wage Comparisons
inferredcites →https://doi.org/10.1086/260297openalex-snapshot
Effects of Child-Care Programs on Women's Work Effort
inferredcites →https://doi.org/10.1086/260531openalex-snapshot
A Life-Cycle Model of Earnings, Learning, and Consumption
inferredcites →https://doi.org/10.1086/260544openalex-snapshot
A Beta-logistic Model for the Analysis of Sequential Labor Force Participation by Married Women
inferredcites →https://doi.org/10.1086/260821openalex-snapshot
Education and Self-Selection
inferredcites →https://doi.org/10.1086/261023openalex-snapshot
An Empirical Model of Labor Supply in a Life-Cycle Setting
inferredcites →https://doi.org/10.1086/261325openalex-snapshot
Real Wages over the Business Cycle: Evidence from Panel Data
inferredcites →https://doi.org/10.1086/261352openalex-snapshot
Heterogeneity, Aggregation, and Market Wage Functions: An Empirical Model of Self-Selection in the Labor Market
inferredcites →https://doi.org/10.1086/261620openalex-snapshot
The Joint Determination of Union Status and Union Wage Effects: Some Tests of Alternative Models
inferredcites →https://doi.org/10.1086/262080openalex-snapshot
The Career Decisions of Young Men
inferredcites →https://doi.org/10.1086/298061openalex-snapshot
The Endogeneity of Union Status: An Empirical Test
inferredcites →https://doi.org/10.1086/298253openalex-snapshot
Self-Selection and the Distribution of Hourly Wages
inferredcites →https://doi.org/10.1086/298308openalex-snapshot
The Displacement Effect of Reemployment Bonus Programs
inferredcites →https://doi.org/10.1086/321014openalex-snapshot
The Dynamics of Educational Attainment for Black, Hispanic, and White Males
inferredcites →https://doi.org/10.1093/biomet/70.1.41openalex-snapshot
The central role of the propensity score in observational studies for causal effects
inferredcites →https://doi.org/10.1093/oso/9780195123951.003.0009openalex-snapshot
The Demand for Travel
inferredcites →https://doi.org/10.1093/oxfordjournals.oep.a041827openalex-snapshot
SOME THOUGHTS ON THE DISTRIBUTION OF EARNINGS 1
inferredcites →https://doi.org/10.1108/s0147-912120140000041005openalex-snapshot
Research in Labor Economics
inferredcites →https://doi.org/10.1111/0034-6527.00325openalex-snapshot
Wages, Experience and Seniority
inferredcites →https://doi.org/10.1111/1467-937x.00035openalex-snapshot
The Effect of Work Experience on Female Wages and Labour Supply
inferredcites →https://doi.org/10.1111/1467-937x.00141openalex-snapshot
The Interpretation of Instrumental Variables Estimators in Simultaneous Equations Models with an Application to the Demand for Fish
inferredcites →https://doi.org/10.1111/1468-0262.00081openalex-snapshot
Why Youths Drop out of High School: The Impact of Preferences, Opportunities, and Abilities
inferredcites →https://doi.org/10.1111/1468-0262.00139openalex-snapshot
Panel Data Discrete Choice Models with Lagged Dependent Variables
inferredcites →https://doi.org/10.1111/1468-0262.00277openalex-snapshot
Independence, Monotonicity, and Latent Index Models: An Equivalence Result
inferredcites →https://doi.org/10.1111/1468-2354.00089openalex-snapshot
Rationality of Migration
inferredcites →https://doi.org/10.1111/j.0020-6598.2005.00308.xopenalex-snapshot
AN ESTIMABLE DYNAMIC GENERAL EQUILIBRIUM MODEL OF WORK, SCHOOLING, AND OCCUPATIONAL CHOICE*
inferredcites →https://doi.org/10.1111/j.1468-0262.2002.00435.xopenalex-snapshot
Identification of Standard Auction Models
inferredcites →https://doi.org/10.1111/j.1475-4932.1983.tb00589.xopenalex-snapshot
Unemployment in Australia: Duration and Recurrent Spells*
inferredcites →https://doi.org/10.1111/j.1540-6261.1997.tb00159.xopenalex-snapshot
PAPERS AND PROCEEDINGS
inferredcites →https://doi.org/10.1162/003355300554674openalex-snapshot
Causal Parameters and Policy Analysis in Economics: A Twentieth Century Retrospective*
inferredcites →https://doi.org/10.1201/9780429303760openalex-snapshot
Rational Expectations Econometrics
inferredcites →https://doi.org/10.1257/aer.90.2.333openalex-snapshot
Labor-Market Dropouts and the Racial Wage Gap: 1940–1990
inferredcites →https://doi.org/10.1257/aer.90.2.344openalex-snapshot
Understanding Black–White Wage Differentials: 1960–1990
inferredcites →https://doi.org/10.1257/aer.91.2.107openalex-snapshot
Policy-Relevant Treatment Effects
inferredcites →https://doi.org/10.1257/aer.91.2.112openalex-snapshot
Reconciling Conflicting Evidence on the Performance of Propensity-Score Matching Methods
inferredcites →https://doi.org/10.1257/jep.6.2.117openalex-snapshot
Whom or What Does the Representative Individual Represent?
inferredcites →https://doi.org/10.1257/jep.9.2.85openalex-snapshot
Assessing the Case for Social Experiments
inferredcites →https://doi.org/10.1515/9781400856992.206openalex-snapshot
Chapter 5. Sample Selection Bias As A Specification Error With An Application To The Estimation Of Labor Supply Functions
inferredcites →https://doi.org/10.1515/9781400876662openalex-snapshot
Aggregation in Economic Analysis
inferredcites →https://doi.org/10.17848/wp90-02openalex-snapshot
The Displacement Effect of Reemployment Bonus Programs
inferredcites →https://doi.org/10.18356/9789210010030c014openalex-snapshot
Analysis of frequency data
inferredcites →https://doi.org/10.2139/ssrn.238741openalex-snapshot
Identification of Standard Auction Models
inferredcites →https://doi.org/10.2307/1054994openalex-snapshot
Unionism and Relative Wages in the United States: An Empirical Inquiry
inferredcites →https://doi.org/10.2307/1266838openalex-snapshot
Principles of Econometrics
inferredcites →https://doi.org/10.2307/134305openalex-snapshot
Urban Travel Demand: A Behavioral Analysis
inferredcites →https://doi.org/10.2307/135111openalex-snapshot
A Simultaneous Equations Linear Probability Model
inferredcites →https://doi.org/10.2307/1401468openalex-snapshot
Evaluation of Social Programs
inferredcites →https://doi.org/10.2307/1402015openalex-snapshot
Linear Aggregation of Economic Relations
inferredcites →https://doi.org/10.2307/1420401openalex-snapshot
An Introduction to Mathematical Learning Theory
inferredcites →https://doi.org/10.2307/145818openalex-snapshot
Anatomy of the Selection Problem
inferredcites →https://doi.org/10.2307/146144openalex-snapshot
Learning about Treatment Effects from Experiments with Random Assignment of Treatments
inferredcites →https://doi.org/10.2307/146178openalex-snapshot
Instrumental Variables: A Study of Implicit Behavioral Assumptions Used in Making Program Evaluations
inferredcites →https://doi.org/10.2307/146405openalex-snapshot
Instrumental Variables Methods for the Correlated Random Coefficient Model: Estimating the Average Rate of Return to Schooling When the Return is Correlated with Schooling
inferredcites →https://doi.org/10.2307/1598697openalex-snapshot
Unionism and Relative Wages in the United States: An Empirical Inquiry
inferredcites →https://doi.org/10.2307/1881863openalex-snapshot
A Probabilistic Theory of Consumer Behavior
inferredcites →https://doi.org/10.2307/1885719openalex-snapshot
Black-White Earnings Ratios Since the Civil Rights Act of 1964: The Importance of Labor Market Dropouts
inferredcites →https://doi.org/10.2307/1905714openalex-snapshot
The Statistical Implications of a System of Simultaneous Equations
inferredcites →https://doi.org/10.2307/1909757openalex-snapshot
Dummy Endogenous Variables in a Simultaneous Equation System
inferredcites →https://doi.org/10.2307/1911259openalex-snapshot
Optimal Replacement of GMC Bus Engines: An Empirical Model of Harold Zurcher
inferredcites →https://doi.org/10.2307/1911296openalex-snapshot
Economic Forecasts and Policy
inferredcites →https://doi.org/10.2307/1911432openalex-snapshot
Dynamic Aspects of Earning Mobility
inferredcites →https://doi.org/10.2307/1911486openalex-snapshot
Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models
inferredcites →https://doi.org/10.2307/1911491openalex-snapshot
A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data
inferredcites →https://doi.org/10.2307/1911653openalex-snapshot
A Profitable Approach to Labor Supply and Commodity Demands over the Life-Cycle
inferredcites →https://doi.org/10.2307/1911873openalex-snapshot
Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models
inferredcites →https://doi.org/10.2307/1911938openalex-snapshot
A Least Squares Correction for Selectivity Bias
inferredcites →https://doi.org/10.2307/1911990openalex-snapshot
Exogeneity
inferredcites →https://doi.org/10.2307/1912352openalex-snapshot
Sample Selection Bias as a Specification Error
inferredcites →https://doi.org/10.2307/1912512openalex-snapshot
Fixed Costs and Labor Supply
inferredcites →https://doi.org/10.2307/1912705openalex-snapshot
Root-N-Consistent Semiparametric Regression
inferredcites →https://doi.org/10.2307/1912755openalex-snapshot
Maximum Likelihood Estimator for Choice-Based Samples
inferredcites →https://doi.org/10.2307/1912835openalex-snapshot
Patents as Options: Some Estimates of the Value of Holding European Patent Stocks
inferredcites →https://doi.org/10.2307/1913130openalex-snapshot
Coherency Conditions in Simultaneous Linear Equation Models with Endogenous Switching Regimes
inferredcites →https://doi.org/10.2307/1913937openalex-snapshot
Shadow Prices, Market Wages, and Labor Supply
inferredcites →https://doi.org/10.2307/1913961openalex-snapshot
The Estimation of Simultaneous Probability Models
inferredcites →https://doi.org/10.2307/1914031openalex-snapshot
Regression Analysis when the Dependent Variable Is Truncated Normal
inferredcites →https://doi.org/10.2307/1914121openalex-snapshot
The Estimation of Choice Probabilities from Choice Based Samples
inferredcites →https://doi.org/10.2307/1914140openalex-snapshot
Econometric Methods for the Duration of Unemployment
inferredcites →https://doi.org/10.2307/1914214openalex-snapshot
Multivariate Regression and Simultaneous Equation Models when the Dependent Variables Are Truncated Normal
inferredcites →https://doi.org/10.2307/1924332openalex-snapshot
Estimating the Effect of Training Programs on Earnings
inferredcites →https://doi.org/10.2307/1937899openalex-snapshot
The Estimation of Wage Gains and Welfare Gains in Self-Selection Models
inferredcites →https://doi.org/10.2307/20075292openalex-snapshot
Simple Statistical Models for Discrete Panel Data Developed and Applied to Test the Hypothesis of True State Dependence against the Hypothesis of Spurious State Dependence
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Discrete Multivariate Analysis: Theory and Practice.
inferredcites →https://doi.org/10.2307/2075695openalex-snapshot
Evaluating Welfare and Training Programs.
inferredcites →https://doi.org/10.2307/2171804openalex-snapshot
Econometrics of First-Price Auctions
inferredcites →https://doi.org/10.2307/2183047openalex-snapshot
Logic, Methodology and Philosophy of Science.
inferredcites →https://doi.org/10.2307/2229910openalex-snapshot
Clustering and Aggregation in Economics.
inferredcites →https://doi.org/10.2307/2230222openalex-snapshot
Principles of Econometrics.
inferredcites →https://doi.org/10.2307/2230692openalex-snapshot
Inflation Policy and Unemployment Theory. The Cost-Benefit Approach to Monetary Planning.
inferredcites →https://doi.org/10.2307/2231325openalex-snapshot
Consumer Demand. A New Approach.
inferredcites →https://doi.org/10.2307/2232280openalex-snapshot
The Economics of the Labour Market.
inferredcites →https://doi.org/10.2307/2233046openalex-snapshot
Handbook of Econometrics.
inferredcites →https://doi.org/10.2307/2282659openalex-snapshot
Aggregation in Economic Analysis: An Introductory Survey.
inferredcites →https://doi.org/10.2307/2284612openalex-snapshot
Clustering and Aggregation in Economics.
inferredcites →https://doi.org/10.2307/2286189openalex-snapshot
Mathematical Models of Conception and Birth.
inferredcites →https://doi.org/10.2307/2286829openalex-snapshot
Studies in Nonlinear Estimation.
inferredcites →https://doi.org/10.2307/2288502openalex-snapshot
Planning and Analysis of Observational Studies.
inferredcites →https://doi.org/10.2307/2296916openalex-snapshot
A Possible Procedure for Analysing Quality Differentials in the Egg Market
inferredcites →https://doi.org/10.2307/2297103openalex-snapshot
A Life Cycle Model of Female Labour Supply
inferredcites →https://doi.org/10.2307/2297361openalex-snapshot
Some Approaches to the Correction of Selectivity Bias
inferredcites →https://doi.org/10.2307/2297364openalex-snapshot
True and Spurious Duration Dependence: The Identifiability of the Proportional Hazard Model
inferredcites →https://doi.org/10.2307/2297553openalex-snapshot
Dynamic Labour Force Participation of Married Women and Endogenous Work Experience
inferredcites →https://doi.org/10.2307/2520565openalex-snapshot
Aspects of Labor Economics.
inferredcites →https://doi.org/10.2307/2523925openalex-snapshot
Closing the Gap: Forty Years of Economic Progress for Blacks.
inferredcites →https://doi.org/10.2307/2526219openalex-snapshot
Testing the Normality Assumption in Limited Dependent Variable Models
inferredcites →https://doi.org/10.2307/2526310openalex-snapshot
Unionism and Wage Rates: A Simultaneous Equations Model with Qualitative and Limited Dependent Variables
inferredcites →https://doi.org/10.2307/2526334openalex-snapshot
Specification and Estimation of a Simultaneous-Equation Model with Limited Dependent Variables
inferredcites →https://doi.org/10.2307/2529831openalex-snapshot
The Analysis of Frequency Data
inferredcites →https://doi.org/10.2307/2551164openalex-snapshot
Linear Aggregation of Economic Relations.
inferredcites →https://doi.org/10.2307/2553150openalex-snapshot
Does Unemployment Cause Future Unemployment? Definitions, Questions and Answers from a Continuous Time Model of Heterogeneity and State Dependence
inferredcites →https://doi.org/10.2307/2553599openalex-snapshot
Consumer Demand: A New Approach.
inferredcites →https://doi.org/10.2307/2554504openalex-snapshot
Dynamic Fiscal Policy.
inferredcites →https://doi.org/10.2307/271005openalex-snapshot
Identification Problems in the Social Sciences
inferredcites →https://doi.org/10.2307/2938190openalex-snapshot
Household Choices in Equilibrium
inferredcites →https://doi.org/10.2307/2938259openalex-snapshot
Asymptotic Normality of Series Estimators for Nonparametric and Semiparametric Regression Models
inferredcites →https://doi.org/10.2307/2938303openalex-snapshot
The Empirical Content of the Roy Model
inferredcites →https://doi.org/10.2307/2951512openalex-snapshot
Discrete and Continuous Choice, Max-Stable Processes, and Independence from Irrelevant Attributes
inferredcites →https://doi.org/10.2307/2951620openalex-snapshot
Identification and Estimation of Local Average Treatment Effects
inferredcites →https://doi.org/10.2307/2951627openalex-snapshot
Identification and Robustness with Contaminated and Corrupted Data
inferredcites →https://doi.org/10.2307/2951752openalex-snapshot
The Asymptotic Variance of Semiparametric Estimators
inferredcites →https://doi.org/10.2307/2971733openalex-snapshot
Matching As An Econometric Evaluation Estimator: Evidence from Evaluating a Job Training Programme
inferredcites →https://doi.org/10.2307/2981986openalex-snapshot
The Analysis of Re-Employment Probabilities for the Unemployed
inferredcites →https://doi.org/10.2307/2999630openalex-snapshot
Characterizing Selection Bias Using Experimental Data
inferredcites →https://doi.org/10.2307/3151745openalex-snapshot
Structural Analysis of Discrete Data with Econometric Applications
inferredcites →https://doi.org/10.3386/t0118openalex-snapshot
Identification and Estimation of Local Average Treatment Effects
inferredcites →https://doi.org/10.3386/t0252openalex-snapshot
Local Instrumental Variables
inferredcites →https://doi.org/10.3386/w0013openalex-snapshot
Wage Comparisons -A Selectivity Bias
inferredcites →https://doi.org/10.3386/w0172openalex-snapshot
Sample Selection Bias As a Specification Error (with an Application to the Estimation of Labor Supply Functions)
inferredcites →https://doi.org/10.3386/w0177openalex-snapshot
Dummy Endogenous Variables in a Simultaneous Equation System
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Drawing Inferences From Self-selected Samples
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Bringing topological heterogeneities into the study of time-series data on militarized international disputes: a deep learning approach
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Selection Bias
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Stratification and Inequality Over the Life Course
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Identification of Social Interactions
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Heterogeneous Agent Models in Finance ✶ ✶Acknowledgments: We are grateful to the editors, Cars Hommes and Blake LeBaron, and three reviewers for their very helpful comments. We also thank the participants to the Workshop “Handbook of Computational Economics, Volume 4, Heterogeneous Agent Models”,…
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A new probabilistic model with reliability properties and empirical analysis in musical education: A case study centered on piano
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Another Look at Observational Studies in Rehabilitation Research: Going Beyond the Holy Grail of the Randomized Controlled Trial
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Practice-Based Evidence Research in Rehabilitation: An Alternative to Randomized Controlled Trials and Traditional Observational Studies
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It takes all sorts: A heterogeneous agent explanation for prediction market mispricing
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