This paper develops a bivariate fractional probit model for fractional response variables, i.e., variables bounded between zero and one. The model can be applied when there are two seemingly unrelated fractional response variables. Since the model relies on a quite strong bivariate normality...

Logit and probit models are widely used in empirical sociological research. However, the widespread practice of comparing the coefficients of a given variable across differently specified models does not warrant the same interpretation in logits and probits as in linear regression. Unlike in...