functions for the panel probit model. The analysis is motivated by the complexity of maximum likelihood estimation and the … is unnecessary. In this note, we reconsider maximum likelihood based estimation of their panel probit model then examine … some extensions which can exploit the heterogeneity contained in their panel data set. Empirical results are obtained using …

We develop a panel intensity model, with a time varying latent factor, which captures the influence of unobserved time … & Hautsch (2006) to panel duration data. We show how to estimate the model parameters by a simulated maximum likelihood … behavioral biases and discuss implications for portfolio theory. -- Trading Activity Datasets ; Panel Intensity Models ; Latent …