Abstract This paper presents a model of automobile choice by single vehicle households. This effort is distinguished from previous disaggregate automobile holdings models primarily by the use of the nested logit model rather than the more restrictive multinomial logit model. We present a 2-step estimation technique that provides consistent and asymptotically efficient parameter estimates, yet is tractable for very large choice sets. Using disaggregate data on 237 one-vehicle households we estimate the unknown parameters on an automobile choice model containing 785 individual makes, models and vintages of passenger vehicles.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    A nested logit model of automobile holdings for one vehicle households


    Beteiligte:
    Berkovec, James (Autor:in) / Rust, John (Autor:in)

    Erschienen in:

    Erscheinungsdatum :

    01.01.1985


    Format / Umfang :

    11 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch



    The generalized nested logit model

    Wen, Chieh-Hua | Online Contents | 2001


    Estimation with the Nested Logit Model

    Silberhorn, Nadja / Boztuğ, Yasemin / Hildebrandt, Lutz | DataCite | 2006


    Estimation with the Nested Logit Model

    Silberhorn, Nadja / Boztuğ, Yasemin / Hildebrandt, Lutz | DataCite | 2007


    Constrained nested logit model: formulation and estimation

    Espinosa-Aranda, José Luis / García-Ródenas, Ricardo / López-García, María Luz et al. | Online Contents | 2017

    Freier Zugriff

    Constrained nested logit model: formulation and estimation

    Espinosa-Aranda, José Luis / García-Ródenas, Ricardo / López-García, María Luz et al. | Online Contents | 2017