Discrete choice models with multiplicative error terms

We propose a multiplicative specification of a discrete choice model that renders choice probabilities independent of the scale of the utility. The model outperforms the classical additive formulation over a range of data sets.


Presented at:
European Transport Conference, Leiden, The Netherlands, October 17-19, 2007
Year:
2007
Laboratories:




 Record created 2008-02-15, last modified 2018-01-28

External link:
Download fulltext
n/a
Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)