Specification testing of discrete choice models: A note on the use of a nonparametric test

Publikation: Bidrag til tidsskriftTidsskriftartikelfagfællebedømt

Model misspecifcation is a serious issue since misspecifcation generally renders statistical inference invalid. However, specifcation testing of discrete choice models is rarely applied. This paper describes a nonparametric test procedure which uses a combination of smoothed residual plots and a test statistic able to detect general misspecifcation. Nonparametric methods require large datasets when the number of independent variables is more than a few. A way to circumvent this problem is indicated, increasing the usefulness of the approach also with limited datasets.

OriginalsprogEngelsk
TidsskriftJournal of Choice Modelling
Vol/bind1
Udgave nummer1
Sider (fra-til)26-39
Antal sider14
ISSN1755-5345
DOI
StatusUdgivet - 1 jan. 2008

ID: 199173342