nine hotels.Approach – The determinants of cancellation probability are estimated using a probit model with cluster … per cent) and travel agency bookings (4 per cent). Probit estimations show that the probability of cancelling a booking is …

mixed logit model, it is complex to define the distribution of interest for the interval estimation problem. This latter …

logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer … and Ridder's likelihood ratio test for pooled alternatives in multinomial logit models is sequentially applied in order to …

, called betit, nests both logit and probit and allows for various skewed and peaked disturbance densities. Because the shape … paper considers asymptotic biases of the logit and probit models under conditions where betit should have been used. It also …

generates discrete choice outcomes. Pregibit nests logit, approximately nests probit, loglog, cloglog and gosset models, and … yields a linear probability model that is solidly founded on the discrete choice framework that underlies logit and probit. …

, called betit, nests both logit and probit and allows for various skewed and peaked disturbance densities. Because the shape … paper considers asymptotic biases of the logit and probit models under conditions where betit should have been used. It also …

In this paper we use mixed logit specifications to allow parameters to vary in the population when estimating the value … per hour. Furthermore, our finding that the ratio of coefficients in a mixed logit specification differ significantly from … the ones in a traditional logit specification is contrary to the results obtained by Brownstone & Train (1996) and Train …