We examined Ray Fairs famous analysis (Journal of Political Economy, 1978) of a Psychology Today survey on

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We examined Ray Fair’s famous analysis (Journal of Political Economy, 1978) of a Psychology Today survey on extramarital affairs in Example 18.9 using a Poisson regression model. Although the dependent variable used in that study was a count, Fair (1978) used the tobit model as the platform for his study. You can reproduce the to bit estimates in Fair’s paper easily with any software package that contains a tobit estimator—most do. The data appear in Appendix Table F18.1. Reproduce Fair’s least squares and tobit estimates. Compute the partial effects for the model and interpret all results.

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Econometric Analysis

ISBN: 978-0131395381

7th edition

Authors: William H. Greene

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