UPG (version 0.2.2)

logLik.UPG.Probit: Compute log-likelihoods from UPG.Probit objects

Description

logLik can be used to compute log-likelihoods from UPG.Probit objects. The log-likelihood is based on the posterior mean of the coefficients and can be used for model selection when combined with,e.g., BIC or other model selection criteria.

Usage

# S3 method for UPG.Probit
logLik(object = NULL, ...)

Arguments

object

an object of class UPG.Probit.

...

other logLik parameters.

Value

Returns a numeric of class logLik with attributes containing the number of estimated parameters and the number of observations.

See Also

summary.UPG.Probit to summarize the estimates of a discrete choice model from an UPG.Probit object and create tables. plot.UPG.Probit to plot the results of a discrete choice model from an UPG.Probit object. coef.UPG.Probit to extract coefficients from an UPG.Probit object.

Examples

# NOT RUN {
# estimate a probit model using example data
library(UPG)
data(lfp)
y = lfp[,1]
X = lfp[,-1]
results.probit = UPG(y = y, X = X, type = "probit", verbose=TRUE)

# extract log-likelihood
ll.probit = logLik(results.probit)

# compute BIC
BIC(ll.probit)
# }