Two Dynamic Discrete Choice Estimation Problems and Simulation Method Solutions.

A-Tier
Journal: Review of Economics and Statistics
Year: 1994
Volume: 76
Issue: 4
Pages: 695-702

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

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

Abstract

This paper considers two problems that frequently arise in dynamic discrete choice problems but have not received much attention with regard to simulation methods. The first problem is how to simulate unbiased simulators of probabilities conditional on past history. The second is simulating a discrete transition probability model when the underlying dependent variable is really continuous. Both methods work well relative to reasonable alternatives in the application discussed. However, in both cases, for this application, simpler methods also provide reasonably good results. Copyright 1994 by MIT Press.

Technical Details

RePEc Handle
repec:tpr:restat:v:76:y:1994:i:4:p:695-702
Journal Field
General
Author Count
1
Added to Database
2026-01-29