Lecture

Likelihood Ratio Test

Description

This lecture introduces the Likelihood Ratio Test in the context of choice models, comparing unrestricted and restricted models through benchmarking and testing generic attributes, taste variations, and nonlinear specifications. The instructor explains the statistical methods and log likelihood calculations, emphasizing the importance of model restrictions and coefficients.

In MOOCs (2)

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_kohhwv2y

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