The Econometric SocietyEconometrica: Apr 1959, Volume 27, Issue 2
A Statistical Model of Friction in Economics
https://doi.org/0012-9682(195904)27:2<263:ASMOFI>2.0.CO;2-3
p.
263-267
Richard N. Rosett
The maximum likelihood method for estimating relationships with limited dependent variables is generalized to include relationships in which the dependent variable, over some finite range, is not related to the independent variables.Log In To View Full Content