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WORKING PAPER SERIESPrivate Equity and Financial Stability: Evidence from Failed Bank Resolution in the Crisis Emily JohnstonRoss Federal Deposit Insurance Corporation Song Ma Yale University Manju
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Estimation of discrete choice refers to a statistical method used to model and predict individual decision-making choices among a discrete set of alternatives.
Individuals or entities engaged in activities that affect transportation, economic consumption, or similar areas typically are required to file estimation of discrete choice.
To fill out estimation of discrete choice, one must gather relevant data on the available alternatives, define the choice set, and apply statistical methods to estimate parameters that characterize preferences.
The purpose of estimation of discrete choice is to analyze and predict choices made by individuals or groups, informing decision-making in policy, marketing, and economic analysis.
Information that must be reported includes choice data, the set of alternatives considered, parameters estimated, and model specifications.
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