• Title of article

    Estimation of the SUR Tobit model via the MCECM algorithm

  • Author/Authors

    Huang، Ho-Chuan (River) نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1999
  • Pages
    -24
  • From page
    25
  • To page
    0
  • Abstract
    Experimental evidence can provide clues as to the kind of reasoning that boundedly rational agents apply to arrive at a strategy choice. We report statistical tests on the saliency of optimistic and pessimistic behaviors in symmetric normal-form games.
  • Keywords
    SUR , EM algorithm , Tobit , Monte Carlo
  • Journal title
    Economics Letters
  • Serial Year
    1999
  • Journal title
    Economics Letters
  • Record number

    22226