Showing 41 - 50 of 5,556
Persistent link: https://www.econbiz.de/10011595470
Persistent link: https://www.econbiz.de/10011983647
Persistent link: https://www.econbiz.de/10012103474
models, such as the random coefficients logit. The estimator is based on linear regression subject to linear inequality …
Persistent link: https://www.econbiz.de/10011756371
Persistent link: https://www.econbiz.de/10012204145
Persistent link: https://www.econbiz.de/10011759744
The maximum likelihood estimator for the regression coefficients, β, in a panel binary response model with fixed effects can be severely biased if N is large and T is small, a consequence of the incidental parameters problem. This has led to the development of conditional maximum likelihood...
Persistent link: https://www.econbiz.de/10011764680
Persistent link: https://www.econbiz.de/10011781135
Persistent link: https://www.econbiz.de/10012432289
Multinomial logit is the canonical model of discrete choice but widely criticized for requiring functional form … assumptions as foundation. The present paper shows that logit is behaviorally founded without such assumptions. Logit's functional … and translation invariance. Relaxing context independence yields contextual logit (Wilcox, 2011), relaxing presentation …
Persistent link: https://www.econbiz.de/10011899245