Fr. 78.00

Maximum Likelihood Estimation - Logic and Practice

English · Paperback / Softback

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Informationen zum Autor RESEARCH AND TEACHING INTERESTS Quantitative Methodology and Statistics; Sociology of Work, Occupations, and Labor Markets; Economic Sociology; Stratification; Life Course Klappentext In this volume the underlying logic and practice of maximum likelihood (ML) estimation is made clear by providing a general modelling framework that utilizes the tools of ML methods. This framework offers readers a flexible modelling strategy since it accommodates cases from the simplest linear models to the most complex nonlinear models that link a system of endogenous and exogenous variables with non-normal distributions. Using examples to illustrate the techniques of finding ML estimators and estimates, Eliason discusses: what properties are desirable in an estimator; basic techniques for finding ML solutions; the general form of the covariance matrix for ML estimates; the sampling distribution of ML estimators; the application of ML in the normal distribution as well as in other useful distributions; and some helpful illustrations of likelihoods. Zusammenfassung In this volume the underlying logic and practice of maximum likelihood (ML) estimation is made clear by providing a general modeling framework that utilizes the tools of ML methods. This framework offers readers a flexible modeling strategy since it accommodates cases from the simplest linear models to the most complex nonlinear models that link a system of endogenous and exogenous variables with non-normal distributions. Using examples to illustrate the techniques of finding ML estimators and estimates! Eliason discusses: what properties are desirable in an estimator; basic techniques for finding ML solutions; the general form of the covariance matrix for ML estimates; the sampling distribution of ML estimators; the application of ML in the normal distribution as well as in other useful distributions; and some helpful illustrations of likelihoods. Inhaltsverzeichnis Introduction The Logic of Maximum Likelihood A General Modeling Framework Using Maximum Likelihood Methods An Introduction to Basic Estimation Techniques Further Empirical Examples Additional Likelihoods Conclusions ...

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