We propose an information-theoretic approach to assess the performance of a discrete choice model used to analyze land use and land use change. We show that our disaggregated measure can be used to compare robustness of predictions across land use categories and across models. Furthermore, a proper reformulation of the problem shows that a disaggregated (observation by observation) log-likelihood lends itself to an information theoretic interpretation, which allows comparisons performance across models.
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2006 Annual meeting, July 23-26, Long Beach, CA with number
21307.
Length: Date of creation: 2006 Date of revision: Handle: RePEc:ags:aaea06:21307
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
John R. Hauser, 1977.
"Testing the Accuracy,"
Discussion Papers
286, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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