Harvard Business School

Applying Random Coefficient Models to Strategy Research: Identifying and Exploring Firm Heterogeneous Effects

Alcácer, Juan, Wilbur Chung, Ashton Hawk, and Gonçalo Pacheco-de-Almeida. "Applying Random Coefficient Models to Strategy Research: Identifying and Exploring Firm Heterogeneous Effects." Strategy ...
Harvard Business School

Applying Random Coefficient Models to Strategy Research: Testing for Firm Heterogeneity, Predicting Firm-Specific Coefficients, and Estimating Strategy Trade-Offs

Alcacer, Juan, Wilbur Chung, Ashton Hawk, and Goncalo Pacheco-de-Almeida. "Applying Random Coefficient Models to Strategy Research: Testing for Firm Heterogeneity, Predicting Firm-Specific ...
JSTOR Daily

Maximum likelihood estimates for the Hildreth—Houck random coefficients model

We explore maximum likelihood (ML) estimation of the Hildreth—Houck random coefficients model. We show that the global ML estimator can be inconsistent. We develop an alternative LML (local ML) ...