Logistic Regression, Average Marginal Effects, and the Linear Probability Model - Part II: Coefficients and AMEs of nested models
As mentioned in the previous post, one of the claims made by Mood (2010) is that coefficients of nested models are not comparable, because tend to increase when predictor variables are added to a model, even if these predictor variables are uncorrelated. This post examines how big a problem this is and whether it can be avoided by the use of average marginal effects. This investigation is based on a few simulation studies and an empirical example.