jbb1000
I would be very pleased if somebody can write the
likelihood function for a Weibull distribution of this model below:
Consider the following model, which describes the behavior of an agent with two regression equations and a criterion function, Ii, that determines which regime the agent faces:
(1) Y1i = b1X1i + u1i if Ii = 1
(2) Y2i = b2X2i + u2i if Ii = 0
Ii = 1 if cZi + ui > 0
Ii = 0 if cZi + ui ≤ 0
The error terms in the equations 1 and 2 have two parameter Weibull distributions.
likelihood function for a Weibull distribution of this model below:
Consider the following model, which describes the behavior of an agent with two regression equations and a criterion function, Ii, that determines which regime the agent faces:
(1) Y1i = b1X1i + u1i if Ii = 1
(2) Y2i = b2X2i + u2i if Ii = 0
Ii = 1 if cZi + ui > 0
Ii = 0 if cZi + ui ≤ 0
The error terms in the equations 1 and 2 have two parameter Weibull distributions.