Category: Single-equation methods (econometrics)

Stock sampling
Stock sampling is sampling people in a certain state at the time of the survey. This is in contrast to flow sampling, where the relationship of interest deals with duration or survival analysis. In st
In probability theory and statistics, the probit function is the quantile function associated with the standard normal distribution. It has applications in data analysis and machine learning, in parti
Single-equation methods (econometrics)
A variety of methods are used in econometrics to estimate models consisting of a single equation. The oldest and still the most commonly used is the ordinary least squares method used to estimate line
Bayesian linear regression
Bayesian linear regression is a type of conditional modeling in which the mean of one variable is described by a linear combination of other variables, with the goal of obtaining the posterior probabi
Bayesian multivariate linear regression
In statistics, Bayesian multivariate linear regression is aBayesian approach to multivariate linear regression, i.e. linear regression where the predicted outcome is a vector of correlated random vari
Linear regression
In statistics, linear regression is a linear approach for modelling the relationship between a scalar response and one or more explanatory variables (also known as dependent and independent variables)
Least-angle regression
In statistics, least-angle regression (LARS) is an algorithm for fitting linear regression models to high-dimensional data, developed by Bradley Efron, Trevor Hastie, Iain Johnstone and Robert Tibshir
Tobit model
In statistics, a tobit model is any of a class of regression models in which the observed range of the dependent variable is censored in some way. The term was coined by Arthur Goldberger in reference
Hedonic regression
In economics, hedonic regression, also sometimes called hedonic demand theory, is a revealed preference method for estimating demand or value. It decomposes the item being researched into its constitu
Measuring attractiveness by a categorical-based evaluation technique (MACBETH)
Measuring attractiveness through a categorical-based evaluation technique (MACBETH) is a multiple-criteria decision analysis (MCDA) method that evaluates options against multiple criteria. MACBETH was
Multi-attribute global inference of quality
Multi-attribute global inference of quality (MAGIQ) is a multi-criteria decision analysis technique. MAGIQ is based on a hierarchical decomposition of comparison attributes and rating assignment using
Truncated normal hurdle model
In econometrics, the truncated normal hurdle model is a variant of the Tobit model and was first proposed by Cragg in 1971. In a standard Tobit model, represented as , where This model construction im
Censored regression model
Censored regression models are a class of models in which the dependent variable is censored above or below a certain threshold. A commonly used likelihood-based model to accommodate to a censored sam
Truncated regression model
Truncated regression models are a class of models in which the sample has been truncated for certain ranges of the dependent variable. That means observations with values in the dependent variable bel
Least squares
The method of least squares is a standard approach in regression analysis to approximate the solution of overdetermined systems (sets of equations in which there are more equations than unknowns) by m