TY - GEN
AU - Fry, Tim R. L.
AU - Harris, Mark N.
Y2 - 2014/05/22
Y1 - 2000/01
UR - http://hdl.handle.net/11343/33669
AB - There is no qualitative dependent model that can simultaneously account for data sets in which the variable of interest has both a multi-modal distribution and is potentially ordered. Such a multimodal distribution may be the result of individuals being captive to particular choices. Such a case arises when there is digit preferencing (particular numbers, such as 0, 5 and 101 are often favored in many survey-based data sets). This paper introduces a new discrete choice model, the Digit Ordered Extreme Value (DOGEV), that does account for both ordering and digit preferencing in the data, and applies it to an Australian Inflationary Expectations data set.
N1 - application/pdf
LA - eng
KW - ordered data
KW - digit preferences
KW - inflationary expectations
KW - JEL Classifications: C25 Discrete Regression and Qualitative Choice Models
KW - D12 Consumer Economics: Empirical Analysis
KW - E31 Price Level
KW - Inflation
KW - Deflation
T1 - A Model for Ordered Data with Clustering of Observations
L1 - /bitstream/handle/11343/33669/65795_00000108_01_wp2000n02.pdf?sequence=1&isAllowed=y
ER -