In this paper we study the problem of homothety’s influence on the number of optimal design support points under fixed values of a regression model’s parameters. The Cobb–Douglas two-dimensional nonlinear in parameters model used in microeconomics is considered. There exist two types of optimal designs: saturated (i.e. design with the number support points equal to the number of parameters) and excess design (i.e. design with greater number of support points). The optimal designs with the minimal number of support points are constructed explicitly. Numerical methods for constructing designs with greater number of points are used.

Translated title of the contributionИзбыточность локальных D-оптимальных планов для модели Кобба-Дугласа
Original languageEnglish
Pages (from-to)1425-1439
Number of pages15
JournalStatistical Papers
Volume59
Issue number4
DOIs
StatePublished - 1 Dec 2018

    Scopus subject areas

  • Statistics and Probability
  • Statistics, Probability and Uncertainty

    Research areas

  • Cobb–Douglas model, Excess design, Homothetic transformation, Locally D-optimal designs, NONLINEAR MODELS, Cobb-Douglas model, POINTS

ID: 35200258