Citation
Siemsen, Enno & Bollen, Kenneth A. (2007). Least Absolute Deviation Estimation in Structural Equation Modeling. Sociological Methods & Research, 36(2), 227-265.Abstract
Least absolute deviation (LAD) is a well-known criterion to fit statistical models, but little is known about LAD estimation in structural equation modeling (SEM). To address this gap, the authors use the LAD criterion in SEM by minimizing the sum of the absolute deviations between the observed and the model-implied covariance matrices. Using Monte Carlo simulations, the authors compare the performance of this LAD estimator along several dimensions (bias, efficiency, convergence, frequencies of improper solutions, and absolute percentage deviation) to the full information maximum likelihood (ML) and unweighted least squares (ULS) estimators in structural equation modeling. The results for LAD are mixed: There are special conditions under which the LAD estimator outperforms ML and ULS, but the simulation evidence does not support a general claim that LAD is superior to ML and ULS in small samples.URL
http://dx.doi.org/10.1177/0049124107301946Reference Type
Journal ArticleYear Published
2007Journal Title
Sociological Methods & ResearchAuthor(s)
Siemsen, EnnoBollen, Kenneth A.