BACKGROUND Visual acuity measurement often results in an imprecise endpoint because subjects correctly identify some but not all of the letters on one or more size levels on a letter chart. The extent of this transition zone from seeing to nonseeing can be described by probit size, which is calculated by performing Probit Analysis on letter chart data. There has been no previous research into t...

Abstract: This paper investigates the relationship between happiness (utility) and a host of socio-economic variables. The data set consists of a random sample of over 5,000 individuals from the Swedish adult population. Happiness is measured by a three-point categorical measure of overall happiness (not happy, happy sometimes, happy most of the time), and an ordered probit model is used to eco...

This paper investigates immigrant assortative mating and relationship satisfaction. Using a modifi ed random eff ects ordered probit model, the paper demonstrates that spouses of mixed couples are signifi cantly less satisfi ed with their partner than nativeonly and foreign-only couples. JEL Classifi cation: F22, I31

Understanding the underlying relationship between pedestrian injury severity outcomes and factors leading to more severe injuries is very important in dealing with the problem of pedestrian safety. To investigate injury severity outcomes, many previous works relied on statistical regression models. There has also been some interest for data mining techniques, in particular for clustering techni...

Reflecting the usefulness of multilevel analysis and the importance of categorical outcomes in many areas of research, generalization of multilevel models for categorical outcomes has been an active area of statistical research. For dichotomous response data, several approaches adopting either a logistic or probit regression model and various methods for incorporating and estimating the influen...

despite controversy, the contingent valuation method (cvm) is widely used for non-market valuation. among elicitation methods of cvm, the dichotomous choice (dc) has been paid attention. there are two types of dc methods: single-bounded dc (sbdc) and double-bounded dc (dbdc). dbdc is more efficient than sbdc. many of cvm studies in iran used dbdc but data analyses were done by logit model; that...

Macroeconomists spend much of their time developing theories and building models to demonstrate how shocks propagate and affect the overall level of economic activity. Both policymakers and the private sector maintain a keen interest in understanding the state of business affairs and the most likely path the economy will take over a planning horizon. Although there are a number of economic even...

The contributions of this paper are twofold: On the one hand, the paper analyses the factors determining the growth in car ownership in Spain over the last two decades, and, on the other, the paper provides empirical evidence for a controversial methodological issue. From a methodological point of view, the paper compares the two alternative decision mechanisms used for modelling car ownership:...

The bivariate probit model is frequently used for estimating the effect of an endogenous binary regressor (the 'treatment') on a binary health outcome variable. This paper discusses simple modifications that maintain the probit assumption for the marginal distributions while introducing non-normal dependence using copulas. In an application of the copula bivariate probit model to the effect of ...

This paper investigates immigrant assortative mating and relationship satisfaction. Using a modifi ed random eff ects ordered probit model, the paper demonstrates that spouses of mixed couples are signifi cantly less satisfi ed with their partner than nativeonly and foreign-only couples. JEL Classifi cation: F22, I31