Artikel

Conditional parameter estimates from mixed logit models: Distributional assumptions and a free software tool

A number of authors have discussed the possible advantages of conditioning parameter distributions on observed choices when working with Mixed Multinomial Logit models. However, the number of applications is still relatively small, partly due to a limited implementation in available software. To address this situation, the present paper discusses the development of a freeware software tool that allows users to compute conditional distributions independently of the software used during model estimation. Additionally, the paper looks at what impact assumptions made for the unconditional distributions have on the results obtained with conditional distributions. Here, an application using stated choice data collected in Denmark shows that while the move from unconditional to conditional distributions possibly brings results closer together, some discrepancies do remain.

Sprache
Englisch

Erschienen in
Journal: Journal of Choice Modelling ; ISSN: 1755-5345 ; Volume: 3 ; Year: 2010 ; Issue: 2 ; Pages: 134-152 ; Leeds: University of Leeds, Institute for Transport Studies

Klassifikation
Wirtschaft
Thema
mixed logit
discrete choice
conditional distributions
taste heterogeneity

Ereignis
Geistige Schöpfung
(wer)
Hess, Stephane
Ereignis
Veröffentlichung
(wer)
University of Leeds, Institute for Transport Studies
(wo)
Leeds
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Hess, Stephane
  • University of Leeds, Institute for Transport Studies

Entstanden

  • 2010

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