Peel, Michael J.; Goode, Mark M.H.; Moutinho, Luiz A. - In: International Journal of Commerce and Management 8 (1998) 2, pp. 75-93
This paper reviews the use of logit and probit models in marketing and focuses on demonstrating the use of ordered probability models. This type of model is appropriate for many applications in marketing and business where the dependent variable of interest is ordinal (e.g., likert scales). A...