Quasi Maximum Likelihood Estimation of Multivariate Probit Models: Farm Couples' Labor Participation
Joint estimation of farmers' farm and off-farm work participation requires a multivariate probit model, in which the number of equations is twice the number of household members. Where there are more ...
2021 FEB 12 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- New research on risk management is the subject of a new report. According to news reporting out of the Faculty of ...
Sometimes, a more complex but more accurate model is needed when the standard off-the-shelf models just do not cut it. That is the message from researchers from KAUST’s Statistics Program. One ...
Equicorrelated binary observations are modelled using a multivariate probit regression model. Log likelihood derivatives are reduced to simple linear combinations of equicorrelated multivariate normal ...
Abstract: With the likely future of autonomous vehicles (AVs) as private, ride-hailing, and pooled vehicles, it is important to consider all forms of AVs when estimating the impacts of automation on ...
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