asymmetric information in iran’s insurance market: case study for automobile insurance in iran insurance companythis research aims to test the presence of asymmetric information by using the dynamic information of automobile policyholders in the iran insurance company (iic). the conditional independence test is conducted by bivariate probit model, the dynamic properties which are presented for ...

This paper presents a semi-nonparametric estimator for a series of generalized models that nest the Ordered Probit model and thereby relax the distributional assumptions in that model. It describes a new Stata command for the estimation of such models and presents an illustration of the approach.

probabilistic approach of traffic assignment has been primarily developed to provide a more realistic and flexible theoretical framework to represent traveler’s route choice behavior in a transportation network. the problem of path overlapping in network modelling has been one of the main issues to be tackled. due to its flexible covariance structure, probit model can adequately address the pro...

Probabilistic approach of traffic assignment has been primarily developed to provide a more realistic and flexible theoretical framework to represent traveler’s route choice behavior in a transportation network. The problem of path overlapping in network modelling has been one of the main issues to be tackled. Due to its flexible covariance structure, probit model can adequately address the pro...

This study analyzes Chinese consumer behavior across different retail food store formats and how household demographics affect shopping behavior. A multivariate probit model with four categories of retail food store formats (wet markets, small grocery stores, super markets, and hypermarkets) in Qingdao, China is estimated. The results indicate that the new hypermarkets are substitutes for super...

In this paper, the authors analyze product attributes and consumer characteristics in an international service selection decision. Previous work has focused on main effects without exploring the significance of interaction or individual heterogeneity effects. Using conjoint and ordered probit analyses, we find that including interaction and respondent specific dummy variables alters the impacts...

For the analysis of caries experience in seven year old children we explored the association between the presence or absence of caries experience among different deciduous molars within each child. Some of the observed high associations have an etiological basis (e.g., between symmetrically opponent molars), while others (diagonally opponent molars) are assumed to be the result of the transitiv...