IDEAS home Printed from https://ideas.repec.org/p/tin/wpaper/20010082.html
   My bibliography  Save this paper

Measures of Fit for Multinomial Discrete Models

Author

Listed:
  • J.S. Cramer

    (Tinbergen Institute)

Abstract

In a discrete model, the predicted probabilities of a particular eventcan be matched to the observed (0, I) outcomes and this will give riseto a measure of fit for that event. Previous results for the binomialmodel are applied to multinomial models. In these models the measureof fit will vary between the various events, indicating that the modelperforms better for some than for others. In addition to these differentialmeasures of fit for each separate event a single overallmeasure is constructed for the model as a whole.

Suggested Citation

  • J.S. Cramer, 2001. "Measures of Fit for Multinomial Discrete Models," Tinbergen Institute Discussion Papers 01-082/4, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20010082
    as

    Download full text from publisher

    File URL: https://papers.tinbergen.nl/01082.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Enrico Fabrizi, 2009. "The Determinants of Labour Market Transitions," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 68(2), pages 233-265, July.

    More about this item

    Keywords

    Goodness of fit; orthogonal residuals; R2; multinomial logit model;
    All these keywords.

    JEL classification:

    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tin:wpaper:20010082. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tinbergen Office +31 (0)10-4088900 (email available below). General contact details of provider: https://edirc.repec.org/data/tinbenl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.