The logit and probit models have become critical parts of the management researcher's analytical arsenal, growing rapidly from almost no use in the 1980s to appearing in 15% of all articles published ...

To date, the most widely used method for empirical analysis of multiple alternative qualitative choices has been an extension of binary logit analysis called conditional logit analysis. Although this ...

We compare how logit (fixed effects) and probit early warning systems (EWS) predict insample and out-of-sample currency crises in emerging markets (EMs). We look at episodes of currency crises that ...