Research Article

Development of Integrated Choice and Latent Variable (ICLV) Models Using Matrix-Based Analytic Approximation and Automatic Differentiation Methods on TensorFlow Platform

Table 6

Simulation results for the four-alternative ICLV model with the TVBS method.

Parm.True valueEstimateAbs. biasAPB (%)Std. err.t-test value

0.50.48200.01803.60060.017527.4956
0.60.57330.02674.45500.021027.2643
0.50.56210.062112.42480.054110.3956
0.60.66570.065710.95320.064010.4023
0.30.30420.00421.39130.010429.3686
0.30.30580.00581.93330.030510.0157
−0.4−0.40980.00982.44530.0408−10.0548
1
0
0.60.59860.00140.22630.046013.0038
0
1
0
0.60.64720.04727.86280.10026.4570
1
0
1
−1−1.00680.00680.68440.0115−87.6833
−1−0.96710.03293.28980.0161−60.1169
−1−1.00780.00780.78070.0131−76.7399
−1−0.98760.01241.24080.0373−26.4477
0.30.31480.01484.94070.012525.2747
0.40.35090.049112.27280.03799.2709
0.50.49890.00110.21540.021023.7248
0.60.59130.00871.45550.07937.4595
1.51.51200.01200.80260.0081186.2650
1.51.47930.02071.37990.018779.0895
1.51.49960.00040.02990.0145103.1776
1.51.51600.01601.06770.053828.1597
0.50.45440.04569.11440.030414.9438
−1−1.04250.04254.24790.0476−21.8930
−0.8−0.87280.07289.10250.0445−19.6065
−1−1.01160.01161.16070.0158−63.9212
−0.8−0.81090.01091.35670.0127−63.6051
0.50.53820.03827.64040.023422.9612
0.20.18600.01406.98350.018510.0749
0.20.18780.01226.11800.018610.0900
0.50.48870.01132.25980.023221.0338
0.50.50990.00991.98140.021224.0589
0.20.19970.00030.15100.02049.7806
1
0
0
0
1
0.60.59230.00771.28320.052411.3058
0.60.63820.03826.37020.045813.9236
1.361.38950.02952.16590.107412.9430
0.60.68750.087514.58380.07758.8672
1.361.46290.10297.56430.100114.6142
Overall mean value0.02594.20370.0370

Note. “—” indicates that the corresponding parameter is fixed at the true value.