Search Results - subject:"Bayesian dynamic programming"

A practitioner's guide to Bayesian estimation of discrete choice dynamic programming models

Ching, Andrew; Imai, Susumu; Ishihara, Masakazu; Jain, … - 2009

Bayesian Dynamic Programming algorithm developed in Imai, Jain and Ching (2008) (IJC). The IJC method combines the DDP solution … information obtained in the past iterations remains unused in the current iteration. In contrast, the Bayesian Dynamic Programming …

Persistent link: https://www.econbiz.de/10010290365

A Practitioner's Guide to Bayesian Estimation of Discrete Choice Dynamic Programming Models

Ching, Andrew; Imai, Susumu; Ishihara, Masakazu; Jain, … - Economics Department, Queen's University - 2009

Bayesian Dynamic Programming algorithm developed by Imai Jain and Ching (2008) (IJC). The IJC method combines the DDP solution … information obtained in the past iterations remains unused in the current iteration. In contrast, the Bayesian Dynamic Programming …

Persistent link: https://www.econbiz.de/10005209120

Bayesian Estimation of Dynamic Discrete Choice Models

Imai, Susumu; Jain, Neelam; Ching, Andrew - 2006

We propose a new methodology for structural estimation of dynamic discrete choice models. We combine the Dynamic Programming (DP) solution algorithm with the Bayesian Markov Chain Monte Carlo algorithm into a single algorithm that solves the DP problem and estimates the parameters...

Persistent link: https://www.econbiz.de/10011940732

Bayesian Estimation of Dynamic Discrete Choice Models

Imai, Susumu; Jain, Neelam; Ching, Andrew - Economics Department, Queen's University - 2006

Persistent link: https://www.econbiz.de/10005688258