Deconvoluting preferences and errors: A model for binomial panel data

TY - JOUR

T1 - Deconvoluting preferences and errors

T2 - A model for binomial panel data

AU - Fosgerau, Mogens

AU - Nielsen, Søren Feodor

PY - 2010/12

Y1 - 2010/12

N2 - In many stated choice experiments researchers observe the random variables Vt, Xt, and Yt = 1{U + δT Xt + εt < Vt}, t ≤ T, where δ is an unknown parameter and U and εt are unobservable random variables. We show that under weak assumptions the distributions of U and εt and also the unknown parameter δ can be consistently estimated using a sieved maximum likelihood estimation procedure.

AB - In many stated choice experiments researchers observe the random variables Vt, Xt, and Yt = 1{U + δT Xt + εt < Vt}, t ≤ T, where δ is an unknown parameter and U and εt are unobservable random variables. We show that under weak assumptions the distributions of U and εt and also the unknown parameter δ can be consistently estimated using a sieved maximum likelihood estimation procedure.

UR - http://www.scopus.com/inward/record.url?scp=79451470920&partnerID=8YFLogxK

U2 - 10.1017/S026646660999082X

DO - 10.1017/S026646660999082X

M3 - Journal article

AN - SCOPUS:79451470920

SN - 0266-4666

VL - 26

SP - 1846

EP - 1854

JO - Econometric Theory

JF - Econometric Theory

IS - 6

ER -