Title of article :
A simulated likelihood estimator for qualitative response models with sufficient statistics
Author/Authors :
Lung-fei Lee، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1997
Abstract :
This article proposes simulated likelihood approaches which take into account the presence of sufficient statistics in a qualitative response model. The proposed simulated likelihood estimators can be computationally less expensive and statistically efficient relative to existing ones. Besides theoretical analysis, Monte Carlo results provide some evidence
Keywords :
discrete choice , Sufficient statistics , Discrete processes , Dependent simulator , Simulated likelihood
Journal title :
Economics Letters
Journal title :
Economics Letters