This study simultaneously models crash severity of both parties in two-vehicle accidents at signalized intersections in Taipei City, Taiwan, using a novel bivariate generalized ordered probit (BGOP) model. Estimation results show that the BGOP model performs better than the conventional bivariate ordered probit (BOP) model in terms of goodness-of-fit indices and prediction accuracy and provides...

In Double Bounded Dichotomous Choice (DBDC) Contingent Valuation (CV) studies estimated parameters of the first response equations are used to obtain Mean WTP because of the anchoring bias inherent in follow up responses. In this paper we show that through an efficient scheme of bid design and using a recursive probit model one can arrive at estimates of mean WTP using the follow up responses t...

There has been growing attention among major developed countries to alternative food products using vegetable-derived ingredients help animal welfare and environmental sustainability. The development of ICT technology awareness welfare, health, damage have led a rise in products. This study explains consumer selection attributes for foods categories intrinsic extrinsic attributes, storage usage...

This paper uses the 2001 wave of National Drug Strategy Household Survey (NDSHS) to assess the impact of marijuana decriminalization policy on marijuana smoking prevalence in Australia. Both parametric and non-parametric methods are used. The parametric approach postulates an endogenous probit switching model and its nested binary probit, endogenous bivariate probit and two-part models to estim...

Çalışmanın amacı işgücü ile aşırı eğitim arasındaki ilişkiyi ortaya koyarak Türkiye için bir uygulama sunmaktır. Bu kapsamda 2014-2018 yılları hanehalkı verilerinden yararlanılarak 15- 65 yaşlarında SGK’ya kayıtlı istihdamdaki bireylerle çalışılmıştır. Ekonometrik modellemede iki durumlu probit modelin yanısıra hem piyasasına katılma kararını de eğitimlilik durumunu etkileyen gözlemlenemeyen fa...