本页提供题录、可核实摘要与阅读线索。AI 解读未完成全文核验,可能有误;具体假设、证明和结论请核对原文。仅依据书目生成的内容属于阅读导航,不是对论文结论的确认。
摘要保留来源文本,未经模型改写。材料不足时保留待解读状态;引用采用 OpenAlex 单条关联记录,不合计版本,缺失不视为零,也不代表论文质量。
正在核对对应版本的资源…
This paper proposes a simple modification of a conventional generalized method of moments estimator for a discrete response model, replacing response probabilities that require numerical integration with estimators obtained by Monte Carlo simulation. This method of simulated moments does not require precise estimates of these probabilities, as the law of large numbers operating across observations controls simulation error, and, hence, can use simulations of practical size. The method is useful for models such as high-dimensional multinomial probit, where computation has previously restricted applications. Statistical properties are established using empirical process methods that can handle discontinuities introduced by simulation. Copyright 1989 by The Econometric Society.