On the Linear Probability Model as binary choice random utility model
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DOI: 10.1016/j.jocm.2024.100505
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More about this item
Keywords
Constrained maximum likelihood estimators; Linear probability model; Prediction validity; Random utility; Welfare change;All these keywords.
JEL classification:
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
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