Estimation of Random Coefficient Demand Models: Challenges, Difficulties and Warnings
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https://www.nber.org/papers/w14080
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资源简介:
Empirical exercises in economics frequently involve estimation of highly nonlinear models. The criterion function may not be globally concave or convex and exhibit many local extrema. Choosing among these local extrema is non-trivial for a variety of reasons. In this paper, we analyze the
提供机构:
美国国家经济研究局
创建时间:
2008-06-01



