The class of cub models: statistical foundations, inferential issues and empirical evidence
Domenico Piccolo () and
Rosaria Simone ()
Additional contact information
Domenico Piccolo: University of Naples Federico II
Rosaria Simone: University of Naples Federico II
Statistical Methods & Applications, 2019, vol. 28, issue 3, No 2, 389-435
Abstract:
Abstract This paper discusses a general framework for the analysis of rating and preference data that is rooted on a class of mixtures of discrete random variables. These models have been extensively studied and applied in the last 15 years thanks to a flexible and parsimonious parametrization of data generating process and to prompt interpretation of results. The approach considers the final response as the combination of feeling and uncertainty, by allowing for finer model specifications to include refuge options, response styles and possible overdispersion, also in relation to subjects’ and objects’ covariates. The article establishes the state of art of the research inherent to this paradigm, in terms of methodology, inferential procedures and fitting measures, by emphasizing capabilities and limitations yet establishing new findings. In particular, explicative power and predictive performances of cub statistical models for ordinal data are examined and new topics that could boost and support the modelling of uncertainty in this framework are provided. Possible developments are outlined throughout the whole presentation and final comments conclude the paper.
Keywords: Ordinal data; Ratings; Data generating process; cub models; Explicative power; Predictability (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)
Downloads: (external link)
http://link.springer.com/10.1007/s10260-019-00461-1 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:stmapp:v:28:y:2019:i:3:d:10.1007_s10260-019-00461-1
Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10260/PS2
DOI: 10.1007/s10260-019-00461-1
Access Statistics for this article
Statistical Methods & Applications is currently edited by Tommaso Proietti
More articles in Statistical Methods & Applications from Springer, Società Italiana di Statistica
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().