Specification testing of discrete choice models: A note on the use of a nonparametric test
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Specification testing of discrete choice models : A note on the use of a nonparametric test. / Fosgerau, Mogens.
I: Journal of Choice Modelling, Bind 1, Nr. 1, 01.01.2008, s. 26-39.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Specification testing of discrete choice models
T2 - A note on the use of a nonparametric test
AU - Fosgerau, Mogens
PY - 2008/1/1
Y1 - 2008/1/1
N2 - Model misspecifcation is a serious issue since misspecifcation generally renders statistical inference invalid. However, specifcation testing of discrete choice models is rarely applied. This paper describes a nonparametric test procedure which uses a combination of smoothed residual plots and a test statistic able to detect general misspecifcation. Nonparametric methods require large datasets when the number of independent variables is more than a few. A way to circumvent this problem is indicated, increasing the usefulness of the approach also with limited datasets.
AB - Model misspecifcation is a serious issue since misspecifcation generally renders statistical inference invalid. However, specifcation testing of discrete choice models is rarely applied. This paper describes a nonparametric test procedure which uses a combination of smoothed residual plots and a test statistic able to detect general misspecifcation. Nonparametric methods require large datasets when the number of independent variables is more than a few. A way to circumvent this problem is indicated, increasing the usefulness of the approach also with limited datasets.
KW - Discrete choice
KW - Functional form
KW - Nonparametric
KW - Specifcation test
UR - http://www.scopus.com/inward/record.url?scp=77953130395&partnerID=8YFLogxK
U2 - 10.1016/S1755-5345(13)70021-6
DO - 10.1016/S1755-5345(13)70021-6
M3 - Journal article
AN - SCOPUS:77953130395
VL - 1
SP - 26
EP - 39
JO - Journal of Choice Modelling
JF - Journal of Choice Modelling
SN - 1755-5345
IS - 1
ER -
ID: 199173458