Page 1 of 1

Adjust estimation (convergence) precision

Posted: 24 Oct 2020, 11:51
by svenne
Dear all,

is there a way to change the convergence criterium value (i.e., the value considered the gradient to be zero)? I want to demonstrate students that there might be differences in estimation between different software packages (often due to algorithmic choices and defaults). Example of mlogit() is attached.

Best
Sven

Re: Adjust estimation (convergence) precision

Posted: 09 Nov 2020, 18:04
by dpalma
You can change the precision by changing the maxLik_settings, for example:

Code: Select all

apollo_estimate(apollo_beta, apollo_fixed, 
                apollo_probabilities, apollo_inputs, 
                estimate_settings = list(maxLik_settings = list(reltol=1.48e-08)))
Cheers
David

Re: Adjust estimation (convergence) precision

Posted: 09 Nov 2020, 18:21
by svenne
David,

Thank you so much!

Cheers
Sven