The Tobit Model with a Non-Zero Threshold

By Richard T. Carson, Yixiao Sun. 2007

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Focused Information Criteria, Model Selection, and Model Averaging in a Tobit Model With a Nonzero Threshold (2012, methodology): “Department of Management Sciences, City University of Hong Kong, Kowloon, Hong Kong (msawan@cityu.edu.hk; zhefzhou@cityu.edu.hk) Claeskens and Hjort (2003) have developed a focused information criterion (FIC) for model selection that selects different models based on different focused functions…”
Making Benefit Transfers Work: Deriving and Testing Principles for Value Transfers for Similar and Dissimilar Sites Using a Case Study of the Non-Market Benefits of Water Quality Improvements Across Europe (2011, background): “However, Carson and Sun (2007) argue that a positive threshold may be relevant if respondents hold a non-zero expected cost and that this would lead to bias if a zero threshold were imposed (see also Sigelman and Zeng 1999).”
Tobit models in strategy research: Critical issues and applications (2019, background): “See Carson and Sun (2007) for an extension where the censoring points are unknown.”