| Article ID: | iaor2009723 |
| Country: | Germany |
| Volume: | 8 |
| Issue: | 3 |
| Start Page Number: | 259 |
| End Page Number: | 264 |
| Publication Date: | Jul 2000 |
| Journal: | Central European Journal of Operations Research |
| Authors: | Hanousek Jan |
| Keywords: | choice |
In this paper a McNemar-type test is proposed as a general specification test for binary and multinomial choice models. The test has several advantages including: 1) well-known small-sample properties; 2) an asymptotic distribution that works very well even for small samples; 3) a distribution-free nature; and 4) applicability to non-nested models.