TAILIEUCHUNG - Handbook of Econometrics Vols1-5 _ Chapter 24

Chuppter 24 ECONOMETRIC ANALYSIS RESPONSE MODELS In analyzing discrete choices made over time, two arguments favor the use of continuous time models. (1) In most economic models there is no natural time unit within which agents make their decisions and take their actions. Often it is more natural and analytically convenient | Chapter 24 ECONOMETRIC ANALYSIS OF QUALITATIVE RESPONSE MODELS DANIEL L. McFADDEN Massachusetts Institute of Technology Contents 1. The problem 1396 2. Binomial response models 1396 . Latent variable specification 1396 . Functional forms 1397 . Estimation 1398 . Contingency table analysis 1400 . Minimum chi-square method 1400 . Discriminant analysis 1401 3. Multinomial response models 1403 . Foundations 1403 . Statistical analysis 1406 . Functional form 1410 . The multinomial logit model 1411 . Independence from irrelevant alternatives 1413 . Limiting the number of alternatives 1415 . Specification tests for the MNL model 1417 . Multinomial probit 1418 . Elimination models 1420 . Hierarchical response models 1422 . An empirical example 1428 4. Further topics 1433 . Extensions 1433 . Dynamic models 1433 . Discrete-continuous systems 1434 . Self-selection and biased samples 1436 . Statistical methods 1439 5. Conclusion 1442 Appendix Proof outlines for Theorems 1-3 1442 References 1446 Handbook of Econometrics Volume II Edited by Z. Griliches and . Intriligator Elsevier Science Publishers BV 1984 1396 D. L. McFadden 1. The problem The subject of this chapter is the econometric analysis of qualitative endogenous variables. Such variables may result from economic behavior which is intrinsically categorical such as choice of occupation marriage partner or entry into a product market. Alternatively they may come from classification during observation such as the coding of housing choices into sub-standard or standard . Qualitative variables may be binomial yes no or multinomial and multinomial responses may be naturally ordered number of telephone calls or unordered freight shipment mode . There may also be multivariate combinations of discrete and continuous variables appliance portfolio and energy consumption . Binomial and multinomial models are the primary subject of this chapter. A final section .

TỪ KHÓA LIÊN QUAN
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.