Showing 1 - 3 of 3
the IIA property of the Logit model. On the basis of this comparison we recommend that applied researchers testing for IIA … calculate all versions of the McFadden, Train and Tye (1981) test and reject IIA if any single test rejects IIA. …
Persistent link: https://www.econbiz.de/10005149034
This paper conducts a Monte Carlo analysis of the size properties of combining choice set partition tests of the independence of irrelevant alternatives property in the Logit model in the four alternatives setting. Most of the tests have poor size properties. The exception is a version of the...
Persistent link: https://www.econbiz.de/10005149040
Persistent link: https://www.econbiz.de/10005427638