Tests for the consistency of three-level nested logit models with utility maximization
This paper provides necessary conditions for testing the local consistency of three-level nested logit models with randomutilitymaximization.We find that for a modelwith two sub-nests per nest the conditions can lead to a substantial increase in the range of acceptable dissimilarity parameters, irre...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Default Article |
| Published: |
2004
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/2134/2072 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|