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