Table 1.
Empirical relative bias of estimates of CE(28, j) from simulation study described in Section 4 for both scenarios. Bold entries correspond to estimates where the assumed βj was correct. Relative bias of defined as .
| True parameters
|
Assumed βj
|
||||||
|---|---|---|---|---|---|---|---|
| γ | CE | βj | −∞ | −1 | 0 | 1 | ∞ |
| 0.9884 | −0.05 | −∞ | 0.02 | 0.22 | 0.23 | 0.24 | 0.24 |
| −1 | −0.19 | 0.01 | 0.01 | 0.02 | 0.02 | ||
| 0 | −0.21 | −0.01 | 0.00 | 0.00 | 0.01 | ||
| 1 | −0.20 | −0.01 | 0.00 | 0.00 | 0.00 | ||
| ∞ | −0.21 | −0.01 | −0.00 | 0.00 | 0.00 | ||
| 0.75 | 0.05 | −∞ | −0.01 | −1.10 | −2.01 | −3.13 | −6.69 |
| −1 | 1.02 | −0.01 | −0.88 | −1.96 | −5.32 | ||
| 0 | 2.00 | 0.91 | −0.01 | −1.12 | −4.67 | ||
| 1 | 2.66 | 1.77 | 0.98 | 0.00 | −2.93 | ||
| ∞ | 6.50 | 5.44 | 4.55 | 3.45 | 0.00 | ||