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Mixed Logit Estimation: Computing the Likelihood with Random Coefficients
11:09
YouTubeThe Structural Econ Guy
Mixed Logit Estimation: Computing the Likelihood with Random Coefficients
This video covers the estimation of mixed logit models with random coefficients, focusing on the computational challenges introduced by preference heterogeneity. Building on our previous discussion of identification, we now tackle the practical problem of maximizing a likelihood function that contains an integral without a closed-form solution ...
2 days ago
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Likelihood Ratios & Odds vs. Proability
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Likelihood Ratios & Odds vs. Proability
YouTubeCore IM
1.6K viewsApr 30, 2024
likelihood function of exponential distribution
0:35
likelihood function of exponential distribution
YouTubeCONTENT-ACADEMY
172 views3 months ago
Understanding the Log-Likelihood: Simplifying Statistical Modeling
0:56
Understanding the Log-Likelihood: Simplifying Statistical Modeling
YouTubeCode Forge
10 viewsDec 8, 2024
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