{"product_id":"maximum-simulated-likelihood-methods-and-applications-9780857241498","title":"Maximum Simulated Likelihood Methods and Applications","description":"\u003cp\u003e • Author(s): William Greene | R. Carter Hill | Carter Hill\u003cbr\u003e • Publisher: Emerald Group Publishing\u003cbr\u003e • Publisher Imprint: Emerald Group Publishing\u003cbr\u003e • BISAC: Industrial \u0026amp; Organizational Psychology\u003c\/p\u003e\u003cp\u003eThis volume is a collection of methodological developments and applications of simulation-based methods that were presented at a workshop at Louisiana State University in November, 2009. The first two papers are extensions of the GHK simulator: one reconsiders the computation of the probabilities in a discrete choice model while another example uses an adaptive version of sparse-grids integration (SGI) instead of simulation. Two studies are focused specifically on the methodology: the first compares the performance of the maximum-simulated likelihood (MSL) approach with a proposed composite marginal likelihood (CML) approach in multivariate ordered-response situations, while the second examines methods of testing for the presence of heterogeneity in the heterogeneity model. Further topics examined include: education savings accounts, parent contributions and education attainment; estimating the effect of exchange rate flexibility on financial account openness; estimating a fractional response model with a count endogenous regressor; and modelling and forecasting volatility in a bayesian approach.\u003c\/p\u003e","brand":"Emerald Group Publishing","offers":[{"title":"Hardcover","offer_id":46869916123287,"sku":"9780857241498","price":15014.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780857241498.webp?v=1769995077","url":"https:\/\/atlanticbooks.com\/products\/maximum-simulated-likelihood-methods-and-applications-9780857241498","provider":"Atlantic Books","version":"1.0","type":"link"}