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The reverse logit has been used with some success to predict trip demand, despite the lack of a theoretically plausible foundation. In this article, it is shown that the reverse logit can be derived from demand theory. Specifically, when demand is modeled with a fixed effects Poisson estimator,...
Persistent link: https://www.econbiz.de/10012998307
The loss of native grassland habitat in the Northern Plains of the United States is prompting concern about the effect of farm programs on rangeland-to-cropland conversion. In theory, a mixed logit model can capture any pattern of response to economic or policy change. In reality, mixed logit...
Persistent link: https://www.econbiz.de/10012998324
This article introduces a multinomial logit model that uses ancillary information to control for uncertainty in both the observed choices made by respondents, and in the attributes of a respondent's choice set. Simulated data are used to compare the performance of this estimator versus simpler...
Persistent link: https://www.econbiz.de/10014061155
This article introduces a multinomial logit model that uses ancillary information to control for uncertainty in both the observed choices made by respondents, and in the attributes of a respondent's choice set. Simulated data are used to compare the performance of this estimator versus simpler...
Persistent link: https://www.econbiz.de/10014348989