A Bayesian method for outlier-robust estimation of multinomial choice models is presented. The method can be used for both correlated as well as uncorrelated choice alternatives and guarantees ...

Robust tests for linear models are derived via Wald-type tests that are based on asymptotically linear estimators. For a robustness criterion, the maximum asymptotic bias of the level of the test for ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...