Semiparametric correction for endogenous truncation bias with Vox Populi based participation decision

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Tác giả: Nir Billfeld, Moshe Kim

Ngôn ngữ: eng

Ký hiệu phân loại: 302.13 Social choice

Thông tin xuất bản: 2019

Mô tả vật lý:

Bộ sưu tập: Metadata

ID: 162622

Comment: 19 packagesWe synthesize the knowledge present in various scientific disciplines for the development of semiparametric endogenous truncation-proof algorithm, correcting for truncation bias due to endogenous self-selection. This synthesis enriches the algorithm's accuracy, efficiency and applicability. Improving upon the covariate shift assumption, data are intrinsically affected and largely generated by their own behavior (cognition). Refining the concept of Vox Populi (Wisdom of Crowd) allows data points to sort themselves out depending on their estimated latent reference group opinion space. Monte Carlo simulations, based on 2,000,000 different distribution functions, practically generating 100 million realizations, attest to a very high accuracy of our model.
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