OpenSourceEconomics / grmpy

Python package for the simulation and estimation of generalized Roy model
http://grmpy.readthedocs.io
MIT License
19 stars 5 forks source link

Automatic adjustment #166

Closed peisenha closed 5 years ago

peisenha commented 5 years ago

Please add more information to what the output is actually adjusted to in the WARNING in est.repy.info

        Warning:                                 The optimization algorithm has failed to provide the parametrization that leads to the minimal criterion function value.
                                                  The estimation output is automatically adjusted.
SeBecker commented 5 years ago

How do you think about the following formulation? Warning: The optimization algorithm has failed to provide the parametrization that leads to the minimal criterion function value. The estimation output is automatically adjusted and provides the parameterization with the smallest criterion function value that was reached during the optimization.