An improved solution for factals: A nonmetric common factor analysis |
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Authors: | Klaas Nevels |
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Affiliation: | (1) University of Groningen, The Netherlands;(2) Econometric Institute, PO Box 800, 9700 AV Groningen, The Netherlands |
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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. |
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Keywords: | FACTALS loss function alternating least squares (ALS) |
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