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Rchoice

Rchoice is a package in R for estimating Ordered, Binary and Poisson models with random parameters for cross-sectional and panel data.

What kind of models can be estimated?

• Binary (Logit/Probit), Ordered (Logit/Probit) and Poisson Models with fixed (non-stochastic) parameters.
• Binary (Logit/Probit), Ordered (Logit/Probit) and Poisson models with random coefficients. The distribution of the coefficients can be normal, log-normal, truncated normal, triangular, uniform and Johnson Sb.
• Random Effects model for Panel or longitudinal data.
• Estimate the conditional individual-specific coefficient.
• Binary models with (Logit/Probit) with heteroskedasticity using MLE and compute the marginal effects.
• Probit model with endogenous continuous covariate using MLE and compute marginal effects.

These binaries (installable software) and packages are in development.
They may not be fully stable and should be used with caution. We make no claims about them.
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