Bayesian analysis of nested logit model by Markov chain Monte Carlo.

DOI10.1016/S0304-4076(02)00125-2MaRDI QIDQ1868968zbMATH OpenOpenAlexFDO

Authors Kajal Lahiri, Jian Gao

Publication date 9 April 2003

Published in Journal of Econometrics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/s0304-4076(02)00125-2

zbMATH Keywords

MCMCDiscrete choiceMixing speedRandom utility maximization

Mathematics Subject Classification ID

Bayesian inference (62F15) Applications of statistics to economics (62P20) Numerical analysis or methods applied to Markov chains (65C40)

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• On the compatibility of nested logit models with utility maximization. A comment
• Simple conditions for the convergence of the Gibbs sampler and Metropolis-Hastings algorithms
• Testing the consistency of nested logit models with utility maximization
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Cited in

(5)

• A Bayesian analysis of nested logit models
• Tests for the consistency of three-level nested logit models with utility maximization
• Modelling the Evolution of Distributions: An Application to Major League Baseball
• A Bayesian analysis of tree structure specification in nested logit models
• Bayesian analysis of the logit model and comparison of two Metropolis-Hastings strategies.

Describes a project that uses

Uses Software

• LIMDEP
• Gibbsit

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