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Approximate group context tree: applications to dynamic programming and dynamic choice models
categorical time series group context tree
2011/7/19
The paper considers a variable length Markov chain model associated with a group of stationary processes that share the same context tree but potentially different conditional probabilities.
Bayesian nonparametric estimation and consistency of mixed multinomial logit choice models
Bayesian consistency blocked Gibbs sampler discrete choice models mixed multinomial logit random probability measures stick-breaking priors
2011/3/24
This paper develops nonparametric estimation for discrete choice models based on the mixed multinomial logit (MMNL) model. It has been shown that MMNL models encompass all discrete choice models deriv...