RprobitB
Fits Bayesian probit models for binary, multinomial, ordered, and ranked choices in cross-sectional and panel data. Correlated or uncorrelated normal and log-normal random coefficients, finite mixtures, sparse finite mixtures, and Dirichlet process mixtures describe preference heterogeneity. Multiple Gibbs chains produce posterior draws for diagnostics and choice prediction. Empirical model data can be supplied as a data frame or simulated from the requested specification. For an overarching treatment of the methodology, see Oelschlaeger (2026) <https://pub.uni-bielefeld.de/record/3014719>. The latent-class model is described in Oelschlaeger and Bauer (2021) <https://trid.trb.org/view/1759753>.
This page was built for software: RprobitB
