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Newton Raphson or Quadratic Hill Climbing

Posted: Wed Mar 31, 2010 9:11 am
by pbrownster
SIMPLY: What is the difference between these two?

Does it matter which one i choose for my panel probit analysis?

Thanks

Re: Newton Raphson or Quadratic Hill Climbing

Posted: Wed Mar 31, 2010 9:20 am
by EViews Gareth
They're just two different ways of finding a maximum. For technical details you can consult the User Guide.

In well behaved models it will not matter which one you choose.