Showing 1 - 10 of 434
. For implementation the Bayesian and likelihood procedures would perhaps require the same numerical computations, while the … Bayesian literature, with many variations and some preference for two versions labelled pppost and pcpred. The bootstrap method … also directly addresses this Studentization process. We use recent likelihood theory that gives a third order factorization …
Persistent link: https://www.econbiz.de/10009002740
. For implementation the Bayesian and likelihood procedures would perhaps require the same numerical computations, while the … Bayesian literature, with many variations and some preference for two versions labelled pppost and pcpred. The bootstrap method … also directly addresses this Studentization process. We use recent likelihood theory that gives a third order factorization …
Persistent link: https://www.econbiz.de/10010905315
theoreticians that Bayesian methods were absurd—not merely misguided but obviously wrong in principle. We consider several examples …, beginning with Feller's classic text on probability theory and continuing with more recent cases such as the perceived Bayesian … about Bayesian statistics, without aiming at a complete historical coverage of the reasons for this dismissal. …
Persistent link: https://www.econbiz.de/10011162134
Persistent link: https://www.econbiz.de/10010677900
This paper develops a new computationally attractive procedure for estimating dynamic discrete choice models that is applicable to a wide range of dynamic programming models. The proposed procedure can accommodate unobserved state variables that (i) are neither additively separable nor follow...
Persistent link: https://www.econbiz.de/10008873245
Persistent link: https://www.econbiz.de/10009318953
Persistent link: https://www.econbiz.de/10009318954
An elementary sketch of some issues in statistical inference and in particular of the central role of likelihood is …
Persistent link: https://www.econbiz.de/10009319256
averages and are smooth functions of a parameter theta. This includes log likelihood, quasi-log likelihood, and least squares …-strong, and strong identification. We determine the asymptotic size (in a uniform sense) of standard t and quasi-likelihood ratio …
Persistent link: https://www.econbiz.de/10009324078
averages and are smooth functions of a parameter theta. This includes log likelihood, quasi-log likelihood, and least squares …-strong, and strong identification. We determine the asymptotic size (in a uniform sense) of standard t and quasi-likelihood ratio …
Persistent link: https://www.econbiz.de/10010686939