Many processes of interest in social science research are recorded as nominal variables with two or more categories such as employment status, occupation, political preference and self-reported health status. With panel data it is possible to analyse the transitions of individuals between...

This paper examines the association between trust and community involvement with fear of crime. Fear of crime is measured by three typical perception measures: neighborhood security; walking alone in the dark; and the risk of becoming a victim. The data is from Chile’s Victimization Survey....

What explains people s preferences for state intervention in social policies? Conducting a cross-section analysis on individual-level survey data, we highlight the link between the economic position of agents and their specific demand toward redistribution. Controlling for a number of factors...

What explains people s preferences for state intervention in social policies? Conducting a cross-section analysis on individual-level survey data, we highlight the link between the economic position of agents and their specific demand toward redistribution. Controlling for a number of factors...

This paper examines what happens to mortgages in the subprime mortgage market once foreclosure proceeding are initiated. A multinominial logit model that allows for the interdependence of the possible outcomes or risks (cure, partial cure, paid off, and real estate owned) through the correlation...

We detail the basic theory for models of discrete choice. This encompasses methods of estimation and analysis of models with discrete dependent variables. Entry level theory is presented for the practitioner. We then describe a few of the recent, frontier developments in theory and practice

Discrete choice models of aggregate demand, such as the random coefficients logit, can handle large differentiated products categories parsimoniously while still providing flexible substitution patterns. However, the discrete choice assumption may not be appropriate for many categories in which...