In empirical location research, the probability of opening a new plant depends on the relative level of profit that can be gained based on the site’s attributes compared with all other alternatives. Many studies implicitly assume that the decision maker evaluates the potential profit with...

The Random Utility Maximization-based conditional logit model has provided an adequate framework to model firm location decisions. However, in practice, the implementation of this methodology presents problems when one has to handle complex choice scenarios with a large number of spatial...

Given its sound theoretical underpinnings, the RandomUtilityMaximizationbased conditional logit model (CLM) serves as the principal method for applied research on industrial location decisions. Studies that implemented this methodology, however, had to confront the underlying Independence of...