Generalized two-parameter estimators in the multinomial logit regression model : methods, simulation and application
(2023) In Communications in Statistics: Simulation and Computation 52(7). p.3327-3342- Abstract
In this article, we propose generalized two-parameter (GTP) estimators and an algorithm for the estimation of shrinkage parameters to combat multicollinearity in the multinomial logit regression model. In addition, the mean squared error properties of the estimators are derived. A simulation study is conducted to investigate the performance of proposed estimators for different sample sizes, degrees of multicollinearity, and the number of explanatory variables. Swedish football league dataset is analyzed to show the benefits of the GTP estimators over the traditional maximum likelihood estimator (MLE). The empirical results of this article revealed that GTP estimators have a smaller mean squared error than the MLE and can be recommended... (More)
In this article, we propose generalized two-parameter (GTP) estimators and an algorithm for the estimation of shrinkage parameters to combat multicollinearity in the multinomial logit regression model. In addition, the mean squared error properties of the estimators are derived. A simulation study is conducted to investigate the performance of proposed estimators for different sample sizes, degrees of multicollinearity, and the number of explanatory variables. Swedish football league dataset is analyzed to show the benefits of the GTP estimators over the traditional maximum likelihood estimator (MLE). The empirical results of this article revealed that GTP estimators have a smaller mean squared error than the MLE and can be recommended for practitioners.
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- author
- Farghali, Rasha A. ; Qasim, Muhammad LU ; Kibria, B. M.Golam and Abonazel, Mohamed R.
- publishing date
- 2023
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Generalized two-parameter estimators, MSE, Multicollinearity, Multinomial logistic regression, Simulation, Swedish football league
- in
- Communications in Statistics: Simulation and Computation
- volume
- 52
- issue
- 7
- pages
- 16 pages
- publisher
- Taylor & Francis
- external identifiers
-
- scopus:85107597614
- ISSN
- 0361-0918
- DOI
- 10.1080/03610918.2021.1934023
- language
- English
- LU publication?
- no
- additional info
- Publisher Copyright: © 2021 The Author(s). Published with license by Taylor & Francis Group, LLC.
- id
- 91caf4d7-2e59-46fd-b0ba-776678ceccda
- date added to LUP
- 2025-03-24 17:14:28
- date last changed
- 2025-04-04 13:52:47
@article{91caf4d7-2e59-46fd-b0ba-776678ceccda, abstract = {{<p>In this article, we propose generalized two-parameter (GTP) estimators and an algorithm for the estimation of shrinkage parameters to combat multicollinearity in the multinomial logit regression model. In addition, the mean squared error properties of the estimators are derived. A simulation study is conducted to investigate the performance of proposed estimators for different sample sizes, degrees of multicollinearity, and the number of explanatory variables. Swedish football league dataset is analyzed to show the benefits of the GTP estimators over the traditional maximum likelihood estimator (MLE). The empirical results of this article revealed that GTP estimators have a smaller mean squared error than the MLE and can be recommended for practitioners.</p>}}, author = {{Farghali, Rasha A. and Qasim, Muhammad and Kibria, B. M.Golam and Abonazel, Mohamed R.}}, issn = {{0361-0918}}, keywords = {{Generalized two-parameter estimators; MSE; Multicollinearity; Multinomial logistic regression; Simulation; Swedish football league}}, language = {{eng}}, number = {{7}}, pages = {{3327--3342}}, publisher = {{Taylor & Francis}}, series = {{Communications in Statistics: Simulation and Computation}}, title = {{Generalized two-parameter estimators in the multinomial logit regression model : methods, simulation and application}}, url = {{http://dx.doi.org/10.1080/03610918.2021.1934023}}, doi = {{10.1080/03610918.2021.1934023}}, volume = {{52}}, year = {{2023}}, }