Explores convex optimization, convex functions, and their properties, including strict convexity and strong convexity, as well as different types of convex functions like linear affine functions and norms.
Explores the application of Maximum Likelihood Estimation in binary choice models, covering probit and logit models, latent variable representation, and specification tests.
Introduces Bayesian estimation, covering classical versus Bayesian inference, conjugate priors, MCMC methods, and practical examples like temperature estimation and choice modeling.