Comparative analysis of the existence and uniqueness conditions of parameter estimation in paired comparison models

Autor: Gyarmati, László, Orbán-Mihálykó, Éva, Mihálykó, Csaba
Rok vydání: 2023
Předmět:
Druh dokumentu: Working Paper
Popis: In this paper paired comparison models with stochastic background are investigated. We focus on the models which allow three options for choice and the parameters are estimated by maximum likelihood method. The existence and uniqueness of the estimator is a key issue of the evaluation. In the case of two options, a necessary and sufficient condition is given by Ford in the Bradley-Terry model. We generalize this statement for the set of strictly log-concave distribution. Although in the case of three options necessary and sufficient condition is not known, there are two different sufficient conditions which are formulated in the literature. In this paper we generalize them, moreover we compare these conditions. Their capacities to indicate the existence of the maximum are analyzed by a large number of computer simulations. These simulations support that the new condition indicates the existence of the maximum much more frequently then the previously known ones
Databáze: arXiv