Multinomial Probit and Multinomial Logit: A Comparison of Choice Models for Voting Research

In: Electoral Studies, Band 23, Heft 1, S. 107-122

Abstract

Several recent studies of voter choice in multiparty elections point to the advantages of multinomial probit (MNP) relative to multinomial/conditional logit (MNL). We compare the MNP & MNL models & argue that the simpler logit is often preferable to the more complex probit for the study of voter choice in multiparty elections. Our argument rests on three areas of comparison between MNP & MNL. First, within the limits of typical data -- a small sample of revealed voter choices among a few candidates or parties -- neither model will clearly appear to have generated the observed data. Second, MNP is susceptible to a number of estimation problems, the most serious of which is that the MNP is often weakly identified in application. Weak identification is difficult to diagnose & may lead to plausible, yet arbitrary or misleading inferences. Finally, the logit model is criticized because it imposes the independence of irrelevant alternatives (IIA) property on voter choice. For most applications, the IIA property is neither relevant nor particularly restrictive. We illustrate our arguments using data from recent US & French presidential elections. 2 Tables, 34 References. Adapted from the source document.