Results 161 to 170 of about 94,700 (202)
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A Heterogeneous Conditional Logit Model of Choice
Journal of Business & Economic Statistics, 1988Aggregate forecasts using McFadden's conditional logit model of discrete choice harbor the unrealistic implicit assumption of a random-utility distribution that is homogeneous across both alternatives and individuals. This article relaxes that assumption.
Joel H. Steckel, Wilfried R. Vanhonacker
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Estimation of Disaggregate Huff and Kaiyu Markov Model: A Lecture Note on Conditional Logit Model
New Frontiers in Regional Science: Asian Perspectives, 2023Saburo Saito +2 more
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A conditional logit model of collegiate major selection
Journal of Vocational Behavior, 1982Abstract The choice of a major by a college student is viewed as depending upon the quantity of various outputs (such as income and status) each major provides and the taste structure of the student for these outputs. Tradeoffs in outputs occur so that high status may overcome low-income potential in the occupation into which the major provides entry.
Donald J Milley, Richard H Bee
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Interpretation issues in heteroscedastic conditional logit models
2016This paper identifies an issue with interpretation of significance within heteroscedastic conditional logit models, due to sensitivity of reported results to arbitrary variable-normalization decisions. We advocate the use of willingness-to-pay (WTP) space models to avoid this, as estimates of WTP do not exhibit this effect.
Burton, Michael +5 more
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The Robustness of Conditional Logit for Binary Response Panel Data Models with Serial Correlation
Journal of Econometric Methods, 2021Abstract We examine the conditional logit estimator for binary panel data models with unobserved heterogeneity. A key assumption used to derive the conditional logit estimator is conditional serial independence (CI), which is problematic when the underlying innovations are serially correlated.
Kwak, Do Won +2 more
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A Conditional Logit Model of Occupational Choice
Journal of Political Economy, 1974The theory of human capital' provides a convenient framework for analyzing the choice of occupation by individual workers. The present paper is devoted to an investigation of the implications of this framework. Section II briefly discusses the human capital approach to occupational choice.
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Logit Models for Housing Preferences, Demographic Variables and Actual Housing Conditions
Housing and Society, 1986This paper analyzes housing tenure preference and structure type preference by using a logit analysis.
Earl W. Morris, Jaeson Cho
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Production and Operations Management, 2021
This study is motivated by a fundamental question among researchers: do price data correspond to a pure strategy Nash equilibrium of an estimated econometric model of Bertrand competition? The affirmative answer to this question is essential for validating the estimated model.
Chung‐seung Lee, Metin Çakanyildirim
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This study is motivated by a fundamental question among researchers: do price data correspond to a pure strategy Nash equilibrium of an estimated econometric model of Bertrand competition? The affirmative answer to this question is essential for validating the estimated model.
Chung‐seung Lee, Metin Çakanyildirim
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A conditional logit model for executive incentives
Economics Letters, 1983Abstract In this paper, firm and executive characteristics are directly related to the probability of termination of the contract of the chief executive of a firm. A conditional logit model is specified from which implications concerning profit maximization can be inferred.
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