Fok, Dennis (contributor); Paap, Richard (contributor); … - 2008
consider a binary probit model which relates Zit to
an intercept and household characteristics, like, for example, family … probit model for the responsiveness state
thus becomes
Zit =
8<
:
1 if Z⁄it = W0it +·it ‚ 0
0 if Z⁄it = W0it +·it < 0;
(3 …)fli 8k 6= j]: (8)
This is the choice probability of a Multinomial Probit Model. There is no closed form
expression for this …