Rare events / Firth estimates
Posted: 29 Apr 2020, 19:43
Dear Stephane and David,
Thanks for your incredible work on Apollo!
Sometimes there are alternatives in a choice data set with just a few choice observations, so called rare events.
Does it make sense to use penalization to obtain firth bias corrected estimates, like available within JMP software by SAS?
And how can I obtain these firth bias corrected estimates in Apollo?
Thanks in advance!
Kind regards,
Toon
Thanks for your incredible work on Apollo!
Sometimes there are alternatives in a choice data set with just a few choice observations, so called rare events.
Does it make sense to use penalization to obtain firth bias corrected estimates, like available within JMP software by SAS?
And how can I obtain these firth bias corrected estimates in Apollo?
Thanks in advance!
Kind regards,
Toon