In this chapter, we consider the estimation of binary and multiple choice fixed effects models in a multi-dimensional setting. Sufficient statistics are put into action to get rid of the fixed effects, considered as nuisance or incidental parameters. We show how multiple choice models can, in fact, be viewed and treated as binary choice ones with an added dimension. We also deal with the issue of selectivity in a “Heckit” approach.
CITATION STYLE
Kertesz, B. (2017). Discrete response models. In Advanced Studies in Theoretical and Applied Econometrics (Vol. 50, pp. 163–194). Springer. https://doi.org/10.1007/978-3-319-60783-2_6
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