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This paper reviews aspects of the application of logit models in economics. We consider some economic models that lead to a simple or a multinomial logit specification. A detailed account is given of the possible specifications of the multinomial model. We stress the relationship between distributional assumptions and functional form assumptions. Some (mis)specification tests with individual data are discussed. Moreover, we present a new test. We also consider grouping of continuously recorded data, and the biases introduced by an inappropriate grouping.

We give a new proof of the identifiably of the MPH model. This proof is constructive: it is a recipe for constructing the triple—regression function, base‐line hazard, and distribution of the individual effect—from the observed cumulative distribution functions.We then prove that the triples do not depend continuously on the observed cumulative distribution functions. Uniformly consistent estimators do not exist.Finally we show that the MPH model is even identifiable from two‐sided censored observations. This proof is constructive, too.

zu Band 3 -- I. Einführung in das private und öffentliche Recht -- II. Bürgerliches Recht für das Versicherungswesen -- III. Handelsrecht -- IV. Wertpapierrecht -- V. Allgemeines Versicherungsvertragsrecht -- VI. Versicherungsunternehmensrecht -- VII. Versicherungsaufsichtsrecht -- VIII. Das Recht der Versicherungsvermittlung -- IX. Prozeßrecht, Zwangsvollstreckung, Konkurs und Vergleich -- X. Wettbewerbsrecht -- XI. Steuer und Versicherung -- XII. Arbeitsrecht -- Stichwortverzeichnis.