Using logit on big data

Publications

Download

Using logit on big data – From iterative methods to analytical solutions (GfK Verein Working Paper Series)

Suggested Citation

Stoltenberg, B. (2016). Using logit on big data – From iterative methods to analytical solutions. GfK Verein Working Paper Series, 2016(3).

Year

2016

Authors

Birgit Stoltenberg

Publication title

Using logit on big data

Publication

NIM Working Paper Series

Download

From iterative methods to analytical solutions

Keywords: logit, analytical solution, (sign) restriction, household panel modeling, GfK-BrandSimulator

Abstract:

Numerical optimization for logit models is often time consuming, at least for big data. In this paper I combine several analytical approaches to solve logit models in a practical context including (sign) restrictions and constraints. The application to a household panel model compares the two approaches on several dimensions.