This chapter contains sections titled:
General Considerations
Theoretical Framework
The Multinomial Logit Model (MNL)
The Nested Logit Model (NL)
The Multinomial Probit Model
The Mixed Logit Model
Other Choice Models and Paradigms
Exercises
Discrete Choice Models
Modelling Transport ; 227-268
2011-03-18
42 pages
Article/Chapter (Book)
Electronic Resource
English
Multinomial Logit Model (MNL) ‐ simplest, most popular practical discrete choice model , Börsch‐Supan (BS) results. consistent with theory ‐ theoretical consequences , heteroskedasticity and correlation , Mixed Logit Model ‐ model for the new millennium , discrete choice, and modelling methods , hybrid choice models, incorporating latent variables ‐ discrete choice models, re‐emerging , discrete choice models , Nested Logit Model (NL) ‐ correlation and model structure, MNL model with simple covariance matrix , controversies ‐ about properties of NL model , theoretical framework, paradigm generating ‐ discrete‐choice models, random utility theory
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