Månsson, Kristofer; Kibria, B.M. Golam; Shukur, Ghazi - In: Economic Modelling 29 (2012) 4, pp. 1483-1488
This paper introduces a shrinkage estimator for the logit model which is a generalization of the estimator proposed by Liu (1993) for the linear regression. This new estimation method is suggested since the mean squared error (MSE) of the commonly used maximum likelihood (ML) method becomes...