Graphical Illustration of Interaction Effects in Binary Choice Models: A Note

作者: Jason R.V. Franken , Joost M.E. Pennings , Philip Garcia

DOI: 10.1111/1477-9552.12257

关键词:

摘要: Graphing procedures for evaluating power or interaction terms in binary logit and probit models are illustrated an application to hog producers' decisions based on transaction cost economics' hypothesised positive effect of the uncertainty asset specificity contract use. Results support hypothesis, particularly producers that otherwise cusp (near 50/50 probability) choosing either spot transactions their responses other variables. Such insights may not be drawn without use demonstrated graphing procedures.

参考文章(17)
Jason R. V. Franken, Kevin J. Bacon, Organizational Structure and Operation of the Illinois Wine Industry Agricultural and Resource Economics Review. ,vol. 43, pp. 104- 124 ,(2014) , 10.1017/S1068280500006936
Jonathan A. C. Sterne, Roger M. Harbord, Funnel plots in meta-analysis Stata Journal. ,vol. 4, pp. 103- 117 ,(2004) , 10.1177/1536867X0400400204
Edward C. Norton, Hua Wang, Chunrong Ai, Computing Interaction Effects and Standard Errors in Logit and Probit Models Stata Journal. ,vol. 4, pp. 154- 167 ,(2004) , 10.1177/1536867X0400400206
Jason R.V. Franken, Joost M.E. Pennings, Philip Garcia, Do Transaction Costs and Risk Preferences Influence Marketing Arrangements in the Illinois Hog Industry Journal of Agricultural and Resource Economics. ,vol. 34, pp. 297- 315 ,(2009) , 10.22004/AG.ECON.37599
Bennet A. Zelner, Using simulation to interpret results from logit, probit, and other nonlinear models Strategic Management Journal. ,vol. 30, pp. 1335- 1348 ,(2009) , 10.1002/SMJ.783
Robert J. David, Shin-Kap Han, A systematic assessment of the empirical support for transaction cost economics Strategic Management Journal. ,vol. 25, pp. 39- 58 ,(2004) , 10.1002/SMJ.359
Glenn Hoetker, The use of logit and probit models in strategic management research: Critical issues Strategic Management Journal. ,vol. 28, pp. 331- 343 ,(2007) , 10.1002/SMJ.582