[Limdep Nlogit List] Prediction in ordered probit model
William Greene
wgreene at stern.nyu.edu
Wed Oct 10 10:01:37 EST 2007
The two possibilities are (1) as listed below and (2) the
index of the cell with the largest estimated probability.
I suspect these would give similar if not identical answers,
but I've never actually checked it.
/Bill Greene
----- Original Message -----
From: "Steven Yen" <syen at utk.edu>
To: "Limdep and Nlogit Mailing List" <limdep at limdep.itls.usyd.edu.au>
Sent: Tuesday, October 9, 2007 12:02:16 PM (GMT-0500) America/New_York
Subject: [Limdep Nlogit List] Prediction in ordered probit model
How is prediction done in order probit (or logit) model?
Specifically, how do you determine the ordinal outcome from the
predicted linear index? The ordered probit model is characterized by
y = j if mu_(j-1) <= x'b + u < mu_j
Upon estimation, do you simply determine the y outcome by
y = j if muhat_(j-1) <= x'bhat < muhat_j
Thank you.
Steven T. Yen
http://web.utk.edu/~syen/
Check out our postdoc opening at:
http://web.utk.edu/~syen/postdoc.html
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Professor William Greene
Department of Economics
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New York University
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