Artikel
Removing specification errors from the usual formulation of binary choice models
We develop a procedure for removing four major specification errors from the usual formulation of binary choice models. The model that results from this procedure is different from the conventional probit and logit models. This difference arises as a direct consequence of our relaxation of the usual assumption that omitted regressors constituting the error term of a latent linear regression model do not introduce omitted regressor biases into the coefficients of the included regressors.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Econometrics ; ISSN: 2225-1146 ; Volume: 4 ; Year: 2016 ; Issue: 2 ; Pages: 1-21 ; Basel: MDPI
- Klassifikation
-
Wirtschaft
Estimation: General
Model Construction and Estimation
- Thema
-
binary choice models
specification errors
stochastic coefficients
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Swamy, Paravastu A. V. B.
Chang, I-Lok
Mehta, Jatinder S.
Greene, William H.
Hall, Stephen G.
Tavlas, George S.
- Ereignis
-
Veröffentlichung
- (wer)
-
MDPI
- (wo)
-
Basel
- (wann)
-
2016
- DOI
-
doi:10.3390/econometrics4020026
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Swamy, Paravastu A. V. B.
- Chang, I-Lok
- Mehta, Jatinder S.
- Greene, William H.
- Hall, Stephen G.
- Tavlas, George S.
- MDPI
Entstanden
- 2016
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