Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/58804 
Year of Publication: 
2012
Series/Report no.: 
IZA Discussion Papers No. 6359
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
The pregibit discrete choice model is built on a distribution that allows symmetry or asymmetry and thick tails, thin tails or no tails. Thus the model is much richer than the traditional models that are typically used to study behavior that generates discrete choice outcomes. Pregibit nests logit, approximately nests probit, loglog, cloglog and gosset models, and yields a linear probability model that is solidly founded on the discrete choice framework that underlies logit and probit.
Subjects: 
discrete choice
asymmetry
logit
probit
post-secondary education
mortgage application
JEL: 
C25
G21
I21
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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