The Statistical Relationship between Bivariate and Multinomial Choice Models
dc.contributor.author | Weeks, Melvyn | en_GB |
dc.contributor.author | Orne, Chris | en_GB |
dc.date.accessioned | 2004-06-16T16:05:53Z | |
dc.date.available | 2004-06-16T16:05:53Z | |
dc.date.created | 1999-06 | en_GB |
dc.date.issued | 2004-06-16T16:05:53Z | |
dc.description.abstract | The authors demonstrate the conditions under which the bivariate probit model can be considered a special case of the more general multinomial probit model. Since the attendant parameter restrictions produce a singular covariance matrix, the subsequent problems of testing on the boundary of the parameter space are circumvented by the construction of a score test. | en_GB |
dc.format.extent | 202573 bytes | |
dc.format.mimetype | application/pdf | en_GB |
dc.format.mimetype | application/pdf | |
dc.identifier.doi | 10.17863/CAM.5152 | |
dc.identifier.uri | http://www.dspace.cam.ac.uk/handle/1810/423 | |
dc.identifier.uri | https://www.repository.cam.ac.uk/handle/1810/423 | |
dc.language.iso | en_GB | |
dc.publisher | Faculty of Economics | |
dc.relation.ispartofseries | Cambridge Working Papers in Economics | |
dc.rights | All Rights Reserved | en |
dc.rights.uri | https://www.rioxx.net/licenses/all-rights-reserved/ | en |
dc.subject | discrete choice | |
dc.subject | bivariate probit | |
dc.subject | multinomial probit | |
dc.subject | nested choice models | |
dc.subject.classification | Classification-JEL: C25, C21, C12, C35 | en_GB |
dc.title | The Statistical Relationship between Bivariate and Multinomial Choice Models | en_GB |
dc.type | Working Paper | en |
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