返回
ESTIMABILITY IN THE MULTINOMIAL PROBIT MODEL
DOI:10.1016/0191-2615(91)90009-8.png)
摘要
En 中文
Random utility models often involve terms which represent alternative-specific errors, and the main attractive feature of the multinomial probit (MNP) model is that it allows a rather general covariance structure for these errors. However, since observed choices only reveal information regarding utility differences, and since scale cannot be determined, not all parameters in an arbitrary MNP specification may be identified. This paper examines identification restrictions that arise in the linear-in-parameters multinomial probit framework, and provides discussion and recommendations for estimation and analysis of probit normalizations.
Keyword:
CHOICE
AI总结
对已上传原文的论文进行重点信息的提取,主要内容包括:简要概述、研究摘要、背景介绍、关键亮点、图文解析、展望与总结。
期刊
IF:
6.3
论文数:
3.5K
被引数:
1.9W
机构
暂无机构信息
引用论文
A METHOD OF SIMULATED MOMENTS FOR ESTIMATION OF DISCRETE RESPONSE MODELS WITHOUT NUMERICAL-INTEGRATION
ECONOMETRICA
IF7.1
没有更多内容

