Park, Sungho; Gupta, Sachin - In: Empirical Economics 43 (2012) 3, pp. 1353-1372
A simulated maximum likelihood (SML) estimator for the random coefficient logit model using aggregate data is found to be more efficient than the widely used generalized method of moments estimator (GMM) of Berry et al. (Econometrica 63:841–890, <CitationRef CitationID="CR4">1995</CitationRef>). In particular, the SML estimator is...</citationref>