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75 15. 80 Calibration Steps Step 1 Bandwidth selection hn as proposed by Imbens and Kalyanaraman 2012 IK and Calonico et al. 2014 henceforth CCT Bumper-to-Bumper IK 14 848 CCT 12 021 Powertrain 60K miles IK 21 047 CCT 18 320 Step 2 For observations in the local bandwidth region calibrate a logit transformation of conditional probability of the buyer i of a used vehicle j buying an extended warranty for her vehicle from dealer d at time t and parameterized as logit Pr Yijdt 1 Mileageijdt Xijdt...
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