A family of empirical likelihood functions and estimators for the binary response model

Author(s):  
Ron C. Mittelhammer ◽  
George Judge
1997 ◽  
Vol 26 (2) ◽  
pp. 229-236 ◽  
Author(s):  
Thomas H. Stevens ◽  
Christopher Barrett ◽  
Cleve E. Willis

Three conjoint models—a traditional ratings model, a ratings difference specification, and a binary response model—were used to value groundwater protection program alternatives. The last, which is virtually identical to a dichotomous choice contingent valuation specification, produced the smallest value estimates. This suggests that the conjoint model is very sensitive to model specification and that traditional conjoint models may overestimate economic value because many respondents are not in the market for the commodity being valued.


2015 ◽  
Vol 12 (11) ◽  
pp. 794-801 ◽  
Author(s):  
Francesco Caracciolo ◽  
Giuseppe Di Vita ◽  
Maurizio Lanfranchi ◽  
Mario D’Amico

2017 ◽  
Vol 34 (6) ◽  
pp. 1180-1206 ◽  
Author(s):  
Lili Tan ◽  
Yichong Zhang

The intercept of the binary response model is not regularly identified (i.e., $\sqrt n$ consistently estimable) when the support of both the special regressor V and the error term ε are the whole real line. The estimator of the intercept potentially has a slower than $\sqrt n$ convergence rate, which can result in a large estimation error in practice. This paper imposes additional tail restrictions which guarantee the regular identification of the intercept and thus the $\sqrt n$-consistency of its estimator. We then propose an estimator that achieves the $\sqrt n$ rate. Last, we extend our tail restrictions to a full-blown model with endogenous regressors.


2020 ◽  
Vol 31 (1) ◽  
pp. 249
Author(s):  
Ignacio Del Rosal Fernández

The terms of delivery in international trade, summarized in the Incoterms, have rarely been studied in the economic literature on transport costs. In this paper we present a first approach to study the use of Incoterms in the Spanish international trade, using the Estadística de Comercio Exterior. Besides showing the main trends on the use of Incoterms by Spanish exporters and importers, a binary response model is estimated with a dependent variable that distinguish if the seller deals with the main transport cost. We have found that distance, rent per capita, and weight/value ratio can influence the choice of Incoterms.


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