Computationally intensive criteria failed to perform better than criteria which were computationally simpler. Also, the use of several criteria in combination failed to appreciably outperform the use ...

Hay and Olsen (1984) incorrectly argue that a multi-part model, the two-part model used in Duan et al. (1982,1983), is nested within the sample-selection model. Their proof relies on an unmentioned ...

Specification of the lasso tuning parameter will be discussed and demonstrated via cross validation, which is another important modeling concept. This course covers more advanced content than other ...