An MPEC estimator for misclassification models

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 125
Issue: 2
Pages: 195-199

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, we propose a constrained maximum likelihood estimator for misclassification models, by formulating the estimation as an MPEC (Mathematical Programming with Equilibrium Constraints) problem. Our approach improves the numerical accuracy and avoids the singularity problem. Monte Carlo simulations confirm that the proposed estimator reduces bias and standard deviation of the estimator, especially when the sample is small/medium and/or the dimension of latent variable is large.

Technical Details

RePEc Handle
repec:eee:ecolet:v:125:y:2014:i:2:p:195-199
Journal Field
General
Author Count
3
Added to Database
2026-01-25