An Efficient Method of Moments Estimator for Discrete Choice Models With Choice-Based Sampling
Year: 1992
Type: article
Abstract: In this paper, a new estimator is proposed for discrete choice models with choice-based sampling. The estimator is efficient and can incorporate information on the marginal choice probabilities in a straightforward manner and for that case leads to a procedure that is computationally and intuitively more appealing than the estimators that have been proposed before. The idea is to start with a flexible parametrization of the distribution of the explanatory variables and then rewrite the estimator to remove dependence on these parametric assumptions. Copyright 1992 by The Econometric Society.
Source: Econometrica
DOI: 10.2307/2951544
Author: Guido W. Imbens
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2145555546