Bayesian estimation and maximum likelihood methods represent two central paradigms in modern statistical inference. Bayesian estimation incorporates prior beliefs through Bayes’ theorem, updating ...

Outcome-dependent sampling increases the efficiency of studies of rare outcomes, examples being case-control studies in epidemiology and choice-based sampling in econometrics. Two-phase or double ...

This is a preview. Log in through your library . Abstract There has been considerable interest in nonlinear latent variable models specifying interaction between latent variables. Although it seems to ...

We propose a new approach to simulate the likelihood of the sequential search model. By allowing search costs to be heterogeneous across consumers and products, we directly compute the joint ...