Estimation of a Binary Choice Model with Grouped Choice Data
Lyubov A. Kurkalova, Sergey Rabotyagov
January 2005 [05-WP 381]
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.
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