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...

Income poverty remains the main root of urban food insecurity as purchased represents a major component spending residents. The rapid and increasing urbanization sprawl are concerns for security in Mali. In Mali, 3.6% households, severely insecure prevalence rate households is 7.5%. effect on households’ was assessed literature using only single measure security. this regard, study analyzed bot...

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 ...

Although several studies have used logit or probit models and their variants to fit data of accident severity on roadway segments, few have investigated accident severity at a railroad grade crossing (RGC). Compared to accident risk analysis in terms of accident frequency and severity of a highway system, investigation of the factors contributing to traffic accidents at an RGC may be more compl...

This paper proposes a prediction method based on an ordered semiparametric probit model for credit risk forecast. The proposed prediction model is constructed by replacing the linear regression function in the usual ordered probit model with a semiparametric function, thus it allows for more flexible choice of regression function. The unknown parameters in the proposed prediction model are esti...

With the emergence of the current financial crisis, societies see the increasing importance of credit risks management in financial institutions. Four mainstream credit risk rating models have been developed, however, their applicability in the Taiwan market is yet to be evaluated. In this paper, six major credit risk models, including Merton Option Pricing Model,Discriminant Analysis Model, Lo...