Journal ArticleDOI
The likelihood dominance criterion: A new approach to model selection
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TLDR
The dominance ordering and the LDC as discussed by the authors generalizes the dominance ordering by considering a range of admissible composite parametric sizes, which can be used to select models of practical interest.About:
This article is published in Journal of Econometrics.The article was published on 1991-02-03. It has received 183 citations till now. The article focuses on the topics: Model selection & Statistical hypothesis testing.read more
Citations
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Journal ArticleDOI
The impact of liberalization on the productive efficiency of Indian commercial banks
TL;DR: In this paper, the authors examined the productive efficiency of 70 Indian commercial banks during the early stages (1986-1991) of the ongoing period of liberalization and used data envelopment analysis to calculate radial technical efficiency scores.
Journal ArticleDOI
Location, Location, Location: How Network Embeddedness Affects Project Success in Open Source Systems
TL;DR: This work finds that considerable heterogeneity exists in the network embeddedness of open source projects and project managers, and uses latent class regression analysis to show that multiple regimes exist and that some of the effects ofnetwork embeddedness are positive under some regimes and negative under others.
Journal ArticleDOI
Expected utility theory and prospect theory: one wedding and a decent funeral
TL;DR: In this paper, the authors consider the canonical case of lottery choices in a laboratory experiment and assume that the data is generated by expected utility theory and prospect theory decision rules, and jointly estimate the parameters of each theory as well as the fraction of choices characterized by each.
Journal ArticleDOI
A non-compensatory choice model incorporating attribute cutoffs
TL;DR: This paper proposed an extension to the traditional compensatory utility maximization framework which has guided most theoretical and statistical work in choice modeling applications, including those in transportation demand estimation work, by incorporating attribute cutoffs into the decision problem formulation; it is then argued on extant empirical evidence that individuals may view these constraints as soft.
Journal ArticleDOI
Effects of land fragmentation and returns to scale in the Chinese farming sector
Guang H. Wan,Enjiang Cheng +1 more
TL;DR: In this article, the authors examined the effects of land fragmentation on crop outputs and found that existing economies of scale appear to be too small to suggest radical land policy changes in China, and that these effects are detrimental, statistically significant and substantial.
References
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Journal ArticleDOI
Estimating the Dimension of a Model
TL;DR: In this paper, the problem of selecting one of a number of models of different dimensions is treated by finding its Bayes solution, and evaluating the leading terms of its asymptotic expansion.
Estimating the dimension of a model
TL;DR: In this paper, the problem of selecting one of a number of models of different dimensions is treated by finding its Bayes solution, and evaluating the leading terms of its asymptotic expansion.
Proceedings Article
Information Theory and an Extention of the Maximum Likelihood Principle
TL;DR: The classical maximum likelihood principle can be considered to be a method of asymptotic realization of an optimum estimate with respect to a very general information theoretic criterion to provide answers to many practical problems of statistical model fitting.
Book ChapterDOI
Information Theory and an Extension of the Maximum Likelihood Principle
TL;DR: In this paper, it is shown that the classical maximum likelihood principle can be considered to be a method of asymptotic realization of an optimum estimate with respect to a very general information theoretic criterion.
Journal ArticleDOI
Several tests for model specification in the presence of alternative hypotheses
TL;DR: In this paper, several procedures are proposed for testing the specification of an econometric model in the presence of one or more other models which purport to explain the same phenomenon.