• Title of article

    Maximum likelihood estimation of a binary choice model with random coefficients of unknown distribution

  • Author/Authors

    Ichimura، نويسنده , , Hidehiko and Thompson، نويسنده , , T.Scott، نويسنده ,

  • Issue Information
    دوفصلنامه با شماره پیاپی سال 1998
  • Pages
    27
  • From page
    269
  • To page
    295
  • Abstract
    We consider a binary response model yi=1{xi′βi+εi⩾0} with xi independent of the unobservables (βi, εi). No finite-dimensional parametric restrictions are imposed on F0, the joint distribution of (βi, εi). A nonparametric maximum likelihood estimator for F0 is shown to be consistent. We analyze some conditions under which F0 is or is not identified. In particular, we show that if the support of F0 is a subset of any half of the unit hypersphere, then F0 is identified relative to all distributions on the unit hypersphere. We also provide some Monte Carlo evidence on the small sample performance of our estimator.
  • Keywords
    Binary response , discrete choice , Random Coefficients , Identification , Nonparametric estimation
  • Journal title
    Journal of Econometrics
  • Serial Year
    1998
  • Journal title
    Journal of Econometrics
  • Record number

    1556831