Logit-based approaches for modelling dominated choice alternatives
Abstract
En
The objective of this paper is to specify and estimate a Constrained Multinomial Logit model with dominance variables. Estimation results will be compared with a simple Multinomial Logit model including dominance variables as well.
The objective of this paper is to specify and estimate a Constrained Multinomial Logit model with dominance variables. Estimation results will be compared with a simple Multinomial Logit model including dominance variables as well.
DOI Code:
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Keywords:
random utility theory; logit models; domance variables; cut-offs
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