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An improved solution for factals: A nonmetric common factor analysis
Authors:Klaas Nevels
Affiliation:(1) University of Groningen, The Netherlands;(2) Econometric Institute, PO Box 800, 9700 AV Groningen, The Netherlands
Abstract:In FACTALS an alternating least squares algorithm is utilized. Mooijaart (1984) has shown that this algorithm is based upon an erroneous assumption. This paper gives a proper solution for the loss function used in FACTALS.
Keywords:FACTALS  loss function  alternating least squares (ALS)
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