Modelling Alcohol Consumption by Levels Using an Ordered Generalised Extreme Value (OGEV) Model

Pratima Ramful Srivastava
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Pratima Ramful Srivastava: RMIT University

Chapter Chapter 6 in Recreational Drug Consumption, 2013, pp 99-113 from Springer

Abstract: Abstract Most of the harms caused by alcohol are related to excessive drinking. A good understanding of Australians’ drinking patterns is very important from a policy perspective. In Chap.4, an Ordered Probit (OP) model was used to examine individuals’ levels of alcohol consumption. The OP model is characterised by asingle latent variable representing the propensity of choosing higher levels which are mapped orderly to the observed levels of outcomes or choices made by individuals(see McKelvey and Zavoina 1975). This restricts correlates to have the same coefficients and levels of significance across all choices, making it an inflexible model. In addition, the OP model is inconsistent with a consumer preference framework of Random Utility Maximisation (RUM).

Keywords: Marginal Effect; Generalise Extreme Value; Moderate Drinker; Ordered Probit Model; Frequent Drinker (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:dehchp:978-3-319-02405-9_6

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DOI: 10.1007/978-3-319-02405-9_6

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