Compare the fully parametric and semiparametric approaches to estimation of a discrete choice model such as the

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Compare the fully parametric and semiparametric approaches to estimation of a discrete choice model such as the multinomial logit model discussed in Chapter 21. What are the benefits and costs of the semiparametric approach?

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Econometric Analysis

ISBN: 978-0130661890

5th Edition

Authors: William H. Greene

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Question Posted: Nov 11, 2010 02:51 AM

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Compare the fully parametric and semiparametric approaches to estimation of a discrete choice model such as the

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A fully parametric modelestimator provides consistent efficient and comparatively precise results ...View the full answer

Econometric Analysis

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