LEADER 04208nam 2200661Ka 450 001 9910785415603321 005 20110201105442.0 010 $a1-282-96400-3 010 $a9786612964008 010 $a0-85724-150-8 035 $a(CKB)2670000000066336 035 $a(EBL)647730 035 $a(OCoLC)699812720 035 $a(SSID)ssj0000471219 035 $a(PQKBManifestationID)12172931 035 $a(PQKBTitleCode)TC0000471219 035 $a(PQKBWorkID)10417590 035 $a(PQKB)11756813 035 $a(MiAaPQ)EBC647730 035 $a(Au-PeEL)EBL647730 035 $a(CaPaEBR)ebr10440337 035 $a(CaONFJC)MIL296400 035 $a(UtOrBLW)bslw06912687 035 $a(EXLCZ)992670000000066336 100 $a20110201d2010 uy 0 101 0 $aeng 135 $aurun||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aMaximum simulated likelihood methods and applications$b[electronic resource] /$fedited by William Greene, R. Carter Hill 205 $a1st ed. 210 $aBingley, UK $cEmerald$d2010 215 $a1 online resource (370 p.) 225 1 $aAdvances in econometrics,$x0731-9053 ;$v26 300 $aDescription based upon print version of record. 311 $a0-85724-149-4 320 $aIncludes bibliographical references. 327 $aIntroduction / William Greene -- MCMC perspectives on simulated likelihood estimation / Ivan Jeliazkov and Esther Hee Lee -- The panel probit model : adaptive integration on sparse grids / Florian Heiss -- A comparison of the maximum simulated likelihood and composite marginal likelihood estimation approaches in the context of the multivariate ordered response model / Chandra R. Bhat, Cristiano Varin, Nazneen Ferdous -- Pretest estimation in the random parameters logit model / Tong Zeng and R. Carter Hill -- Simulated maximum likelihood estimation of continuous time stochastic volatility models / Tore Selland Kleppe, Jun Yu, Hans J. Skaug -- Education savings accounts, parent contributions, and education attainment / Michael D. S. Morris -- Estimating the effect of exchange rate flexibility on financial account openness / Raul Razo-Garcia -- estimating a fractional response model with a count endogenous regressor and an application to female labor supply / Hoa B. Nguyen -- Alternative random effects panel gamma SML estimation with heterogeneity in random and one-sided error / Saleem Shaik and Ashok K. Mishra -- Modelling and forecasting volatility in a Bayesian approach / Esmail Amiri. 330 $aThe economics and statistics literature using computer simulation based methods has grown enormously over the past decades. Maximum Simulated Likelihood is a statistical tool useful for incorporating individual differences (called heterogeneity in the econometrics literature) and variations into a statistical analysis. Problems that can be intractable with traditional methods are solved using computer simulation integrated with classical methods. Instead of assuming that everyone responds to stimuli in the same way, allowances are made for the possibility that different decision makers will respond in different ways. The techniques can be applied to problems of individual choice, such as the choice of a transportation model, or choice among health care options, as well as to the problem of making financial and macroeconomic predictions. Contributors to the volume discuss alternative simulation methods that permit faster and more accurate inference, as well as applications of established methods. 410 0$aAdvances in econometrics ;$v26. 606 $aBusiness & Economics$xEconometrics$2bisacsh 606 $aEconomics$2bicssc 606 $aEconometrics$2bicssc 606 $aEconometrics 615 7$aBusiness & Economics$xEconometrics. 615 7$aEconomics. 615 7$aEconometrics. 615 0$aEconometrics. 676 $a330.015195 701 $aGreene$b William$0361387 701 $aHill$b R. Carter$089113 801 0$bUtOrBLW 801 1$bUtOrBLW 906 $aBOOK 912 $a9910785415603321 996 $aMaximum simulated likelihood methods and applications$93750600 997 $aUNINA