Parameter identification problem
id:
parameter-identification-problem-281-8712163
title:
Parameter identification problem
text:
In economics and econometrics, the parameter identification problem arises when the value of one or more parameters in an economic model cannot be determined from observable variables. It is closely related to non-identifiability in statistics and econometrics, which occurs when a statistical model has more than one set of parameters that generate the same distribution of observations, meaning that multiple parameterizations are observationally equivalent. For example, this problem can occur in
brand slug:
wiki
category slug:
encyclopedia
description:
Parameter estimation technique in statistics, particularly econometrics
original url:
https://en.wikipedia.org/wiki/Parameter_identification_problem
date created:
date modified:
2023-07-07T21:48:54Z
main entity:
{"identifier":"Q1656743","url":"https://www.wikidata.org/entity/Q1656743"}
image:
fields total:
13
integrity:
14