An ordered generalised extreme value model with application to alcohol consumption in Australia

Harris, M, Srivastava, P and Zhao, X 2006, 'An ordered generalised extreme value model with application to alcohol consumption in Australia', Journal of Health Economica, vol. 25, no. 4, pp. 782-801.


Document type: Journal Article
Collection: Journal Articles

Title An ordered generalised extreme value model with application to alcohol consumption in Australia
Author(s) Harris, M
Srivastava, P
Zhao, X
Year 2006
Journal name Journal of Health Economica
Volume number 25
Issue number 4
Start page 782
End page 801
Total pages 20
Publisher Elsevier
Abstract An Ordered Generalised Extreme Value (OGEV) model by Small (1987) is proposed for application to ordered discrete choice data. Relative to conventional Ordered Probit/Logit (OP/OL) and Multinomial Logit (MNL) models, the OGEV model is flexible, is defined by random utility maximization, and allows for correlation across choices via unobservable individual characteristics according to locations of the choices in the ordering. The OGEV model is applied to unit record data from Australia to study the impacts of prices, income and demographic characteristics on levels of alcohol consumption. Model selection analysis suggests that OGEV is preferred to both OP and MNL for the application
Subject Applied Economics not elsewhere classified
Health Economics
Cross-Sectional Analysis
Keyword(s) Alcohol consumption
Discrete ordered data
Alcohol consumption
Discrete ordered data
Ordered Generalised Extreme Value model
Random utility maximisation
Rational addiction
DOI - identifier 10.1016/j.jhealeco.2005.04.011
Copyright notice © 2006 Elsevier B.V. All rights reserved
ISSN 0167-6296
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