Probit Models for Ranking Data

In 1980, the American Psychological Association (APA) conducted an election in which five candidates (A, B, C, D, and E) were running for president and voters were asked to rank order all of the candidates. Candidates A and B are research psychologists, C is a community psychologist, and D and E are clinical psychologists. Among those voters, 5738 gave complete rankings. These complete rankings are considered here (Diaconis (1988)). Note that lower rank implies more favorable. Then the average ranks received by candidates A, B, C, D, and E are 2.84, 3.16, 2.92, 3.09, and 2.99, respectively. This means that voters generally prefer candidate A the most, candidate C the second, etc. However, in order to make inferences on the preferences of the candidates, modeling of the ranking data is needed. In Sect. 9.1 we consider a model for this data which takes into account covariates.

[1]  Michael Keane,et al.  A Computationally Practical Simulation Estimator for Panel Data , 1994 .

[2]  A. E. Maxwell,et al.  Factor Analysis as a Statistical Method. , 1964 .

[3]  Peter McCullagh,et al.  Permutations and Regression Models , 1993 .

[4]  Pradeep K. Chintagunta,et al.  Estimating a Multinomial Probit Model of Brand Choice Using the Method of Simulated Moments , 1992 .

[5]  Kenneth E. Train,et al.  Discrete Choice Methods with Simulation , 2016 .

[6]  M. Tanner Tools for statistical inference: methods for the exploration of posterior distributions and likeliho , 1994 .

[7]  K. Train Discrete Choice Methods with Simulation , 2003 .

[8]  D. S. Bunch,et al.  Estimability in the Multinomial Probit Model , 1989 .

[9]  Joseph S. Verducci,et al.  Probability Models and Statistical Analyses for Ranking Data , 1992 .

[10]  L. Devroye Non-Uniform Random Variate Generation , 1986 .

[11]  Philip L. H. Yu,et al.  Factor analysis for paired ranked data with application on parent–child value orientation preference data , 2013, Comput. Stat..

[12]  Peter E. Rossi,et al.  An exact likelihood analysis of the multinomial probit model , 1994 .

[13]  A. Genz Numerical Computation of Multivariate Normal Probabilities , 1992 .

[14]  Ulf Böckenholt,et al.  Structural equation modeling of paired-comparison and ranking data. , 2005, Psychological methods.

[15]  John Geweke,et al.  Efficient Simulation from the Multivariate Normal and Student-t Distributions Subject to Linear Constraints and the Evaluation of Constraint Probabilities , 1991 .

[16]  Seiji Iwakura,et al.  Multinomial probit with structured covariance for route choice behavior , 1997 .

[17]  Xiao-Li Meng,et al.  SIMULATING RATIOS OF NORMALIZING CONSTANTS VIA A SIMPLE IDENTITY: A THEORETICAL EXPLORATION , 1996 .

[18]  Kosuke Imai,et al.  MNP: R Package for Fitting the Multinomial Probit Model , 2005 .

[19]  Sik-Yum Lee,et al.  A bayesian estimation of factor score in confirmatory factor model with polytomous, censored or truncated data , 1997 .

[20]  Hiu-Lan Leung,et al.  Wandering ideal point models for single or multi-attribute ranking data: a Bayesian approach , 2003 .

[21]  Eric R. Ziegel,et al.  Handbook of Statistics 11: Econometrics , 1994 .

[22]  Kristine M. Kuhn,et al.  Bayesian Thurstonian models for ranking data using JAGS , 2013, Behavior research methods.

[23]  P. Diaconis Group representations in probability and statistics , 1988 .

[24]  P. Yu,et al.  BAYESIAN ANALYSIS OF WANDERING VECTOR MODELS FOR DISPLAYING RANKING DATA , 2001 .

[25]  Philip L. H. Yu,et al.  Bayesian analysis of order-statistics models for ranking data , 2000 .

[26]  Vassilis A. Hajivassiliou,et al.  Simulation Estimation Methods for Limited Dependent Variable Models , 1991 .

[27]  James Arbuckle,et al.  A GENERAL PROCEDURE FOR PARAMETER ESTIMATION FOR THE LAW OF COMPARATIVE JUDGEMENT , 1973 .

[28]  J. C. Gower,et al.  Factor Analysis as a Statistical Method. 2nd ed. , 1972 .

[29]  B. R. Dansie PARAMETER ESTIMABILITY IN THE MULTINOMIAL PROBIT MODEL , 1985 .

[30]  Liang Xu,et al.  On the modelling and estimation of attribute rankings with ties in the Thurstonian framework. , 2009, The British journal of mathematical and statistical psychology.

[31]  Philip L. H. Yu,et al.  Factor analysis for ranked data with application to a job selection attitude survey , 2005 .

[32]  P. Diaconis A Generalization of Spectral Analysis with Application to Ranked Data , 1989 .

[33]  Hal S. Stern,et al.  Probability Models on Rankings and the Electoral Process , 1993 .