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Estimation of Multinomial Models Using Weak Monotonicity Assumptions

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Abstract

This paper introduces a semiparametric method of estimating multinomial models that imposes extremely weak monotonicity assumptions about a function of observable characteristics. Previous methods have imposed stronger, typically parametric, conditions on this function. The only assumptions made in this paper about the function of characteristics are its monotonicity, upper-semicontinuity, and uniform boundedness. The method is applicable, among others, to polychotomous choice models. The estimation method is shown to be strongly consistent. A technique to calculate the estimator is provided.

Suggested Citation

  • Rosa L. Matzkin, 1990. "Estimation of Multinomial Models Using Weak Monotonicity Assumptions," Cowles Foundation Discussion Papers 957, Cowles Foundation for Research in Economics, Yale University.
    • Handle: RePEc:cwl:cwldpp:957
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    1. Rosa L. Matzkin, 1988. "Nonparametric and Distribution-Free Estimation of the Binary Choice and the Threshold-Crossing Models," Cowles Foundation Discussion Papers 889, Cowles Foundation for Research in Economics, Yale University.
    2. Stoker, Thomas M, 1986. "Consistent Estimation of Scaled Coefficients," Econometrica, Econometric Society, vol. 54(6), pages 1461-1481, November.
    3. Cosslett, Stephen R, 1983. "Distribution-Free Maximum Likelihood Estimator of the Binary Choice Model," Econometrica, Econometric Society, vol. 51(3), pages 765-782, May.
    4. Hausman, Jerry A & Wise, David A, 1978. "A Conditional Probit Model for Qualitative Choice: Discrete Decisions Recognizing Interdependence and Heterogeneous Preferences," Econometrica, Econometric Society, vol. 46(2), pages 403-426, March.
    5. Powell, James L & Stock, James H & Stoker, Thomas M, 1989. "Semiparametric Estimation of Index Coefficients," Econometrica, Econometric Society, vol. 57(6), pages 1403-1430, November.
    6. Manski, Charles F., 1975. "Maximum score estimation of the stochastic utility model of choice," Journal of Econometrics, Elsevier, vol. 3(3), pages 205-228, August.
    7. Arabmazar, Abbas & Schmidt, Peter, 1982. "An Investigation of the Robustness of the Tobit Estimator to Non-Normality," Econometrica, Econometric Society, vol. 50(4), pages 1055-1063, July.
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    1. Rosa L. Matzkin, 1988. "Nonparametric and Distribution-Free Estimation of the Binary Choice and the Threshold-Crossing Models," Cowles Foundation Discussion Papers 889, Cowles Foundation for Research in Economics, Yale University.

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