skip to content

Faculty of Economics

Journal Cover

Lewbel, A., McFadden, D. and Linton, O.

Estimating features of a distribution from binomial data

Journal of Econometrics

Abstract: We propose estimators of features of the distribution of an unobserved random variable W. What is observed is a sample of Y,V,X where a binary Y equals one when W exceeds a threshold V determined by experimental design, and X are covariates. Potential applications include bioassay and destructive duration analysis. Our empirical application is referendum contingent valuation in resource economics, where one is interested in features of the distribution of values W (willingness to pay) placed by consumers on a public good such as endangered species. Sample consumers with characteristics X are asked whether they favor (with Y=1 if yes and zero otherwise) a referendum that would provide the good at a cost V specified by experimental design. This paper provides estimators for quantiles and conditional on X moments of W under both nonparametric and semiparametric specifications.

JEL Codes: C14, C25, C42 , H41

Author links: Oliver Linton  

Publisher's Link: http://dx.doi.org/10.1016/j.jeconom.2010.11.006



Papers and Publications



Recent Publications


Gagnon, J. and Goyal, S. Networks, markets and inequality American Economic Review [2017]

Elliott, M. and Golub, B. A network approach to public goods accepted, Journal of Political Economy [2018]

Faraglia, E., Marcet, A., Oikonomou, R. and Scott, A. Government Debt management: the Short and the Long of it Review of Economic Studies, accepted [2018]