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Smoothed maximum score estimator
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Smoothed maximum score estimator : ウィキペディア英語版
Smoothed maximum score estimator
When modelling discrete choice model, it is always assumed that the choice is determined by the comparison of the underlying latent utility〔 For more example, refer to: Smith, Michael D. and Brynjolfsson, Erik, Consumer Decision-Making at an Internet Shopbot (October 2001). MIT Sloan School of Management Working Paper No. 4206-01. 〕 . Denote the population of the agents as ''T'', the common choice set for each agent as ''C'' . For agent ''t∈T'' , denote her choice as ''yt,i'' , which is equal to 1 if choice ''i∈C'' is chosen and 0 otherwise. Assume the linearity of the parameters and the additivity of the error term: for an agent ''t∈T'' ,

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