Bayesian estimation and maximum likelihood methods represent two central paradigms in modern statistical inference. Bayesian estimation incorporates prior beliefs through Bayes’ theorem, updating ...
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimators for dynamic discrete choice models. We construct and estimate a simplified dynamic structural ...
Generalized estimating equations (GEEs) have been successfully used to estimate regression parameters from discrete longitudinal data. GEEs have been adapted for spatially correlated count data with ...