Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062676 | Economics Letters | 2006 | 4 Pages |
Abstract
The paper demonstrates that one's choice of threshold for post-estimation prediction in the conventional parametric binary response regression model is not arbitrary. Under the minimum mean-squared discrete prediction error criterion, the optimal threshold is shown to be 1Â /Â 2.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Joseph V. Terza,