{"version":"1.0","type":"link","title":"GHK algorithm - Newikis","description":"The GHK algorithm (Geweke, Hajivassiliou and Keane) is an importance sampling method for simulating choice probabilities in the multivariate probit model. These simulated probabilities can be used to recover parameter estimates from the maximized likelihood equation using any one of the usual well…","provider_name":"Newikis","provider_url":"https://newikis.com","cache_age":86400}