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The random coefficients logit model is identified
DOI:10.1016/j.jeconom.2011.09.002.png)
摘要
En 中文
The random coefficients multinomial choice logit model, also known as the mixed logit, has been widely used in empirical choice analysis for the last thirty years. We prove that the distribution of random coefficients in the multinomial logit model is nonparametrically identified. Our approach requires variation in product characteristics only locally and does not rely on the special regressors with large supports used in related papers. One of our two identification arguments is constructive. Both approaches may be applied to other choice models with random coefficients. (C) 2011 Elsevier B.V. All rights reserved.
Keyword:
PROBIT MODEL
CHOICE
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论文数:
5.3K
被引数:
3.0W
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引用论文
Maximum likelihood estimation of a binary choice model with random coefficients of unknown distribution随机系数未知分布的二元选择模型的极大似然估计

