Generalized linear models are widely used by data analysts. However, the choice of the link function is often made arbitrarily. Here we permit the data to estimate the link function by incorporating ...

We consider optimal consumption and (strategic) asset allocation of an investor with uncertain lifetime. The problem is solved using a multi-stage stochastic linear programming (SLP) model to ...

Consumer demand systems and aggregate consumption in the USA: an application of the extended linear expenditure system. Two complete demand systems are fitted to USA data for the period 1930-72, using ...

You construct a generalized linear model by deciding on response and explanatory variables for your data and choosing an appropriate link function and response probability distribution. Some examples ...