Date of Award
8-2011
Degree Type
Report
Degree Name
Master of Science (MS)
Department
Economics and Finance
Committee Chair(s)
James Feigenbaum
Committee
James Feigenbaum
Committee
Tyler Brough
Committee
Tyler Bowles
Abstract
This paper evaluates the structural form model of John Rust's 1987 paper, Optimal Replacement of GMC Bus Engines: An Empirical Model of Harold Zurcher, by using reduced-form models to evaluate the same data and interpret the results. The question is whether reduced-form modeling such as probit and logit models can be as useful as structural models for prediction.
Recommended Citation
Funk, Ashley M., "Structural and Reduced-Form Models: An Evaluation of Current Modeling Criteria in Econometric Methods" (2011). All Graduate Plan B and other Reports, Spring 1920 to Spring 2023. 63.
https://digitalcommons.usu.edu/gradreports/63
Included in
Copyright for this work is retained by the student. If you have any questions regarding the inclusion of this work in the Digital Commons, please email us at .
Comments
This work made publicly available electronically on September 6, 2011.