Estimation of a Binary Choice Model with Grouped Choice Data

Lyubov A. Kurkalova, Sergey Rabotyagov
January 2005  [05-WP 381]

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Suggested citation:

Kurkalova, L.A. and S. Rabotyagov. 2005. "Estimation of a Binary Choice Model with Grouped Choice Data." Working paper 05-WP 381. Center for Agricultural and Rural Development, Iowa State University.


Abstract

We propose an econometric technique for estimating the parameters of a binary choice model when only aggregated data are available on the choices made. The method performs favorably in applications to both simulated and real world choice data.

Keywords: aggregated choice data, binary choice model.

JEL classification: C25