Econometrics, the application of statistical methods to economic data, can be instrumental in the identification of anticompetitive behavior ...

What are the differences between econometrics, statistics, and machine learning? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better ...

Batsell and Polking (1985) developed one of the important choice models that address the problem of independence from irrelevant alternatives. In this note, we propose an estimation method that ...