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Linear Probability Models of the Demand for Attributes with an Empirical Application to Estimating the Preferences of Legislators

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James J. Heckman
James M. Snyder, Jr.

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Abstract

This paper formulates and estimates a rigorously-justified linear probability model of binary choices over alternatives characterized by unobserved attributes. The model is applied to estimate preferences of congressmen as expressed in their votes on bills. The effective dimension of the attribute space characterizing votes is larger than what has been estimated in recent influential studies of congressional voting by Poole and Rosenthal. Congressmen vote on more than ideology. Issue-specific attributes are an important determinant of congressional" voting patterns. The estimated dimension is too large for the median voter model to describe congressional voting

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 5785.

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Date of creation: Oct 1996
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Handle: RePEc:nbr:nberwo:5785

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Find related papers by JEL classification:
C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior

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  1. Henry Brady, 1989. "Factor and ideal point analysis for interpersonally incomparable data," Psychometrika, Springer, vol. 54(2), pages 181-202, June. [Downloadable!] (restricted)
  2. Pudney, Stephen E, 1980. "Disaggregated Demand Analysis: The Estimation of a Class of Non-linear Demand Systems," Review of Economic Studies, Blackwell Publishing, vol. 47(5), pages 875-92, October. [Downloadable!] (restricted)
  3. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring. [Downloadable!] (restricted)
  4. Heckman, James & Scheinkman, Jose, 1987. "The Importance of Bundling in a Gorman-Lancaster Model of Earnings," Review of Economic Studies, Blackwell Publishing, vol. 54(2), pages 243-55, April. [Downloadable!] (restricted)
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  1. Horrace, William C. & Oaxaca, Ronald L., 2003. "New Wine in Old Bottles: A Sequential Estimation Technique for the LPM," IZA Discussion Papers 703, Institute for the Study of Labor (IZA). [Downloadable!]
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  3. Steven Berry & James Levinsohn & Ariel Pakes, 1998. "Differentiated Products Demand Systems from a Combination of Micro and Macro Data: The New Car Market," NBER Working Papers 6481, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  4. Arianna Degan & Antonio Merlo, 2004. "Do Citizens Vote Sincerely (If They Vote at All)? Theory and Evidence from U. S. National Elections," PIER Working Paper Archive 04-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania. [Downloadable!]
  5. Austan Goolsbee & Peter J. Klenow, 1999. "Evidence on Learning and Network Externalities in the Diffusion of Home Computers," NBER Working Papers 7329, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  6. Arianna Degan & Antonio Merlo, 2004. "A Structural Model of Turnout and Voting in Multiple Elections," PIER Working Paper Archive 06-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Aug 2006. [Downloadable!]
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  7. Ronald Goettler & Ron Shachar, 2000. "Estimating Product Characteristics and Spatial Competition in the Network Television Industry," Econometric Society World Congress 2000 Contributed Papers 1691, Econometric Society. [Downloadable!]
  8. alok k. bohara & alejandro islas camargo & theresa grijalva & kishore gawande, 2005. "Fundamental dimensions of U.S. trade policy," International Trade 0505001, EconWPA. [Downloadable!]
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  9. Arianna Degan & Antonio Merlo, 2006. "Do Voters Vote Sincerely?," PIER Working Paper Archive 06-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania. [Downloadable!]
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  10. Douglas A. Irwin & Randall S. Kroszner, 1997. "Interests, Institutions, and Ideology in the Republican Conversion to Trade Liberalization, 1934-1945," University of Chicago - George G. Stigler Center for Study of Economy and State 137, Chicago - Center for Study of Economy and State. [Downloadable!]
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