Exact computation of max weighted score estimators

Florios, K; Skouras, S

dc.contributor.author	Florios, K	en
dc.contributor.author	Skouras, S	en
dc.date.accessioned	2014-03-01T01:28:21Z
dc.date.available	2014-03-01T01:28:21Z
dc.date.issued	2008	en
dc.identifier.issn	0304-4076	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/18814
dc.subject	Estimator computation	en
dc.subject	Maximum score	en
dc.subject	Mixed integer programming	en
dc.subject	Work-trip mode choice	en
dc.subject.classification	Economics	en
dc.subject.classification	Mathematics, Interdisciplinary Applications	en
dc.subject.classification	Social Sciences, Mathematical Methods	en
dc.subject.other	Heuristic methods	en
dc.subject.other	Integer programming	en
dc.subject.other	Plasma waves	en
dc.subject.other	Program interpreters	en
dc.subject.other	Computationally efficient	en
dc.subject.other	Disjunctive constraints	en
dc.subject.other	Estimation problems	en
dc.subject.other	Estimator computation	en
dc.subject.other	Exact computations	en
dc.subject.other	Maximum score	en
dc.subject.other	Mixed integer programming	en
dc.subject.other	Mixed-integer programs	en
dc.subject.other	Mode choice	en
dc.subject.other	Monte carlo study	en
dc.subject.other	Reasonable time	en
dc.subject.other	Work-trip mode choice	en
dc.subject.other	Estimation	en
dc.title	Exact computation of max weighted score estimators	en
heal.type	journalArticle	en
heal.identifier.primary	10.1016/j.jeconom.2008.05.018	en
heal.identifier.secondary	http://dx.doi.org/10.1016/j.jeconom.2008.05.018	en
heal.language	English	en
heal.publicationDate	2008	en
heal.abstract	We show that exact computation of a family of 'max weighted score' estimators, including Manski's max score estimator, can be achieved efficiently by reformulating them as mixed integer programs (MIP) with disjunctive constraints. The advantage of our MIP formulation is that estimates are exact and can be computed using widely available solvers in reasonable time. In a classic work-trip mode choice application, our method delivers exact estimates that lead to a different economic interpretation of the data than previous heuristic estimates. In a small Monte Carlo study we find that our approach is computationally efficient for usual estimation problem sizes. (C) 2008 Elsevier B.V. All rights reserved.	en
heal.publisher	ELSEVIER SCIENCE SA	en
heal.journalName	Journal of Econometrics	en
dc.identifier.doi	10.1016/j.jeconom.2008.05.018	en
dc.identifier.isi	ISI:000260271900007	en
dc.identifier.volume	146	en
dc.identifier.issue	1	en
dc.identifier.spage	86	en
dc.identifier.epage	91	en