Probability models of individual choice consist of two components: a formulation of random utility and the stochastic specification of that utility. Usually separable direct random utility is assumed. With Weibull error terms, logit analysis results. However, logit analysis suffers from the "assumed" "independence of irrelevant alternatives". It is the contention of this paper that these difficulties result from the usual restrictive utility formulation. A more general indirect random utility formulation is introduced. Estimates of the resulting generalized logit and the more restrictive logit models are presented. Hypothesis testing is reported which rejects the restrictive utility formulations which dominate the literature.


    Zugriff

    Download


    Exportieren, teilen und zitieren



    Titel :

    A generalized logit formulation of individual choice


    Beteiligte:

    Erscheinungsdatum :

    1979


    Format / Umfang :

    1632844 byte


    Medientyp :

    Paper


    Format :

    Elektronische Ressource


    Sprache :

    Englisch





    Stochastic User Equilibrium Formulation for Generalized Nested Logit Model

    Bekhor, S. / Prashker, J. N. | Transportation Research Record | 2001


    Generalized logit model

    Gerken, J. | Elsevier | 1989


    Airport and Access Mode Choice - A Generalized Nested Logit-Model Approach

    Gelhausen, Marc / Wilken, Dieter | Deutsches Zentrum für Luft- und Raumfahrt (DLR) | 2006

    Freier Zugriff