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In this paper we provide a Random-Utility based derivation of the Dirichlet-Multinomial regression and posit it as a convenient alternative for dealing with overdispersed multinomial data. We show that this model is a natural extension of McFadden's conditional logit for grouped data and show...
Persistent link: https://www.econbiz.de/10005119073
specification of the overdispersion parameter dominates on the basis of goodness of fit. The results are used to estimate the users …
Persistent link: https://www.econbiz.de/10005119149