A Bayesian Multinomial Probit MODEL FOR THE ANALYSIS OF PANEL CHOICE DATA
Author
Abstract
Suggested Citation
DOI: 10.1007/s11336-014-9437-6
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- McCulloch, Robert E. & Polson, Nicholas G. & Rossi, Peter E., 2000. "A Bayesian analysis of the multinomial probit model with fully identified parameters," Journal of Econometrics, Elsevier, vol. 99(1), pages 173-193, November.
- Duncan Fong & Peter Ebbes & Wayne DeSarbo, 2012. "A Heterogeneous Bayesian Regression Model for Cross-sectional Data Involving a Single Observation per Response Unit," Psychometrika, Springer;The Psychometric Society, vol. 77(2), pages 293-314, April.
- Imai, Kosuke & van Dyk, David A., 2005. "A Bayesian analysis of the multinomial probit model using marginal data augmentation," Journal of Econometrics, Elsevier, vol. 124(2), pages 311-334, February.
- Hausman, Jerry A & Wise, David A, 1978.
"A Conditional Probit Model for Qualitative Choice: Discrete Decisions Recognizing Interdependence and Heterogeneous Preferences,"
Econometrica, Econometric Society, vol. 46(2), pages 403-426, March.
- J. A. Hausman & D. A. Wise, 1976. "A Conditional Profit Model for Qualitative Choice: Discrete Decisions Recognizing Interdependence and Heterogeneous Preferences," Working papers 173, Massachusetts Institute of Technology (MIT), Department of Economics.
- McCulloch, Robert & Rossi, Peter E., 1994. "An exact likelihood analysis of the multinomial probit model," Journal of Econometrics, Elsevier, vol. 64(1-2), pages 207-240.
- Siddhartha Chib & Edward Greenberg & Yuxin Chen, 1998. "MCMC Methods for Fitting and Comparing Multinomial Response Models," Econometrics 9802001, University Library of Munich, Germany, revised 06 May 1998.
- Lane F. Burgette & Erik V. Nordheim, 2012. "The Trace Restriction: An Alternative Identification Strategy for the Bayesian Multinomial Probit Model," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 30(3), pages 404-410, February.
- Wayne Desarbo, 1982. "Gennclus: New models for general nonhierarchical clustering analysis," Psychometrika, Springer;The Psychometric Society, vol. 47(4), pages 449-475, December.
- John C. Liechty, 2004. "Bayesian correlation estimation," Biometrika, Biometrika Trust, vol. 91(1), pages 1-14, March.
- Peter E. Rossi & Robert E. McCulloch & Greg M. Allenby, 1996. "The Value of Purchase History Data in Target Marketing," Marketing Science, INFORMS, vol. 15(4), pages 321-340.
- Wayne DeSarbo & William Cron, 1988. "A maximum likelihood methodology for clusterwise linear regression," Journal of Classification, Springer;The Classification Society, vol. 5(2), pages 249-282, September.
- Denzil G. Fiebig & Michael P. Keane & Jordan Louviere & Nada Wasi, 2010. "The Generalized Multinomial Logit Model: Accounting for Scale and Coefficient Heterogeneity," Marketing Science, INFORMS, vol. 29(3), pages 393-421, 05-06.
- Kamel Jedidi & Wayne DeSarbo, 1991. "A stochastic multidimensional scaling procedure for the spatial representation of three-mode, three-way pick any/J data," Psychometrika, Springer;The Psychometric Society, vol. 56(3), pages 471-494, September.
- Nobile, Agostino, 2000. "Comment: Bayesian multinomial probit models with a normalization constraint," Journal of Econometrics, Elsevier, vol. 99(2), pages 335-345, December.
- Rung-Ching Tsai, 2000. "Remarks on the identifiability of thurstonian ranking models: Case V, case III, or neither?," Psychometrika, Springer;The Psychometric Society, vol. 65(2), pages 233-240, June.
- Rung-Ching Tsai, 2003. "Remarks on the identifiability of thurstonian paired comparison models under multiple judgment," Psychometrika, Springer;The Psychometric Society, vol. 68(3), pages 361-372, September.
- Wayne DeSarbo & J. Douglas Carroll, 1985. "Three-way metric unfolding via alternating weighted least squares," Psychometrika, Springer;The Psychometric Society, vol. 50(3), pages 275-300, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Amirali Kani & Wayne S. DeSarbo & Duncan K. H. Fong, 2018. "A Factorial Hidden Markov Model for the Analysis of Temporal Change in Choice Models," Customer Needs and Solutions, Springer;Institute for Sustainable Innovation and Growth (iSIG), vol. 5(3), pages 162-177, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Rub'en Loaiza-Maya & Didier Nibbering, 2022. "Fast variational Bayes methods for multinomial probit models," Papers 2202.12495, arXiv.org, revised Oct 2022.
- Zhang, Xiao & Boscardin, W. John & Belin, Thomas R., 2008. "Bayesian analysis of multivariate nominal measures using multivariate multinomial probit models," Computational Statistics & Data Analysis, Elsevier, vol. 52(7), pages 3697-3708, March.
- Lynd Bacon & Peter Lenk, 2012. "Augmenting discrete-choice data to identify common preference scales for inter-subject analyses," Quantitative Marketing and Economics (QME), Springer, vol. 10(4), pages 453-474, December.
- Duncan Fong & Wayne DeSarbo & Zhe Chen & Zhuying Xu, 2015. "A Bayesian Vector Multidimensional Scaling Procedure Incorporating Dimension Reparameterization with Variable Selection," Psychometrika, Springer;The Psychometric Society, vol. 80(4), pages 1043-1065, December.
- Robert Zeithammer & Peter Lenk, 2006. "Bayesian estimation of multivariate-normal models when dimensions are absent," Quantitative Marketing and Economics (QME), Springer, vol. 4(3), pages 241-265, September.
- Moffa, Giusi & Kuipers, Jack, 2014. "Sequential Monte Carlo EM for multivariate probit models," Computational Statistics & Data Analysis, Elsevier, vol. 72(C), pages 252-272.
- Ricardo A. Daziano & Martin Achtnicht, 2014. "Forecasting Adoption of Ultra-Low-Emission Vehicles Using Bayes Estimates of a Multinomial Probit Model and the GHK Simulator," Transportation Science, INFORMS, vol. 48(4), pages 671-683, November.
- Ruben Loaiza-Maya & Didier Nibbering, 2020.
"Scalable Bayesian estimation in the multinomial probit model,"
Papers
2007.13247, arXiv.org, revised Mar 2021.
- Ruben Loaiza-Maya & Didier Nibbering, 2020. "Scalable Bayesian Estimation in the Multinomial Probit Model," Monash Econometrics and Business Statistics Working Papers 25/20, Monash University, Department of Econometrics and Business Statistics.
- Dogan, Osman & Taspinar, Suleyman, 2016. "Bayesian Inference in Spatial Sample Selection Models," MPRA Paper 82829, University Library of Munich, Germany.
- Piatek, RĂ©mi & Gensowski, Miriam, 2017. "A Multinomial Probit Model with Latent Factors: Identification and Interpretation without a Measurement System," IZA Discussion Papers 11042, Institute of Labor Economics (IZA).
- Lamoureux, Christopher G. & Nejadmalayeri, Ali, 2015. "Costs of capital and public issuance choice," Journal of Banking & Finance, Elsevier, vol. 61(C), pages 27-45.
- Mohamed Lachaab & Asim Ansari & Kamel Jedidi & Abdelwahed Trabelsi, 2006. "Modeling preference evolution in discrete choice models: A Bayesian state-space approach," Quantitative Marketing and Economics (QME), Springer, vol. 4(1), pages 57-81, March.
- Didier Nibbering, 2019. "A High-dimensional Multinomial Choice Model," Monash Econometrics and Business Statistics Working Papers 19/19, Monash University, Department of Econometrics and Business Statistics.
- Wayne S. DeSarbo & Qian Chen & Ashley Stadler Blank, 2017. "A Parametric Constrained Segmentation Methodology for Application in Sport Marketing," Customer Needs and Solutions, Springer;Institute for Sustainable Innovation and Growth (iSIG), vol. 4(4), pages 37-55, December.
- Paleti, Rajesh, 2018. "Generalized multinomial probit Model: Accommodating constrained random parameters," Transportation Research Part B: Methodological, Elsevier, vol. 118(C), pages 248-262.
- Gael M. Martin & David T. Frazier & Ruben Loaiza-Maya & Florian Huber & Gary Koop & John Maheu & Didier Nibbering & Anastasios Panagiotelis, 2023. "Bayesian Forecasting in the 21st Century: A Modern Review," Monash Econometrics and Business Statistics Working Papers 1/23, Monash University, Department of Econometrics and Business Statistics.
- Susan Athey & Guido W. Imbens, 2007.
"Discrete Choice Models With Multiple Unobserved Choice Characteristics,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(4), pages 1159-1192, November.
- Susan Athey & Guido Imbens, 2006. "Discrete Choice Models with Multiple Unobserved Choice Characteristics," Levine's Bibliography 122247000000001040, UCLA Department of Economics.
- Daziano, Ricardo A., 2015. "Inference on mode preferences, vehicle purchases, and the energy paradox using a Bayesian structural choice model," Transportation Research Part B: Methodological, Elsevier, vol. 76(C), pages 1-26.
- Gary Koop, 2004.
"Modelling the evolution of distributions: an application to Major League baseball,"
Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 167(4), pages 639-655, November.
- Gary Koop, 2001. "Modeling the Evolution of Distributions: An Application to Major League Baseball," Edinburgh School of Economics Discussion Paper Series 71, Edinburgh School of Economics, University of Edinburgh.
- Raja Chakir & Olivier Parent, 2009.
"Determinants of land use changes: A spatial multinomial probit approach,"
Papers in Regional Science, Wiley Blackwell, vol. 88(2), pages 327-344, June.
- Olivier Parent & Raja Chakir, 2008. "Determinants of land use changes: a spatial multinomial probit approach," University of Cincinnati, Economics Working Papers Series 2008-06, University of Cincinnati, Department of Economics.
More about this item
Keywords
Bayesian analysis; heterogeneity; multinomial probit model; panel data; parameter expansion; marketing; consumer psychology;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:psycho:v:81:y:2016:i:1:p:161-183. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.