• Media type: E-Article
  • Title: Modified-likelihood estimation of fixed-effect models for dyadic data
  • Contributor: Jochmans, Koen [Author]
  • imprint: Heidelberg: Springer, 2023
  • Language: English
  • DOI: https://doi.org/10.1007/s13209-023-00284-0
  • ISSN: 1869-4195
  • Keywords: Fixed effects ; C23 ; Asymptotic bias ; Dyadic data ; Undirected random graph
  • Origination:
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  • Description: We consider point estimation and inference based on modifications of the profile likelihood in models for dyadic interactions between n agents featuring agent-specific parameters. The maximum-likelihood estimator of such models has bias and standard deviation of order n-1 and so is asymptotically biased. Estimation based on modified likelihoods leads to estimators that are asymptotically unbiased and likelihood ratio tests that exhibit correct size.
  • Access State: Open Access
  • Rights information: Attribution (CC BY) Attribution (CC BY)