Estimation and Testing
Routing Summary
Covers OLS, GLS, SUR, 2SLS, Bayesian HB/EB estimation; specification testing; flexible forms; model selection.
- OLS, GLS, SUR, 2SLS, 3SLS, Bayesian HB/EB, IV, Hausman test → Parameter Estimation in Market Response
- F-test, t-test, RESET, 7 specification errors, autocorrelation, Box-Cox → Model Testing and Specification
- Translog, Box-Cox transformation, LOESS, splines → Flexible Functional Forms
- AIC, BIC, cross-validation, managerial calibration, pre-registration → Model Selection and Exploratory Analysis
| Note | Topic |
|---|---|
| Parameter Estimation in Market Response | OLS Eqs 5.5-5.6, GLS, SUR, 2SLS/3SLS, Bayesian posterior Eq 5.27, HB shrinkage Eq 5.30 |
| Model Testing and Specification | F-test Eq 5.35, t-test Eq 5.37, RESET Eq 5.40, 7 specification errors |
| Flexible Functional Forms | Translog, Box-Cox, LOESS, splines |
| Model Selection and Exploratory Analysis | AIC/BIC, cross-validation, EDA, multiple testing, pre-registration |