On the compatibility of nested logit models with utility maximization. A comment

DOI10.1016/0304-4076(93)01557-3zbMath0807.62093OpenAlexW1607103559MaRDI QIDQ1341183

Ruud H. Koning, Geert Ridder

Publication date: 1 March 1995

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

Full work available at URL: https://doi.org/10.1016/0304-4076(93)01557-3

zbMATH Keywords

discrete choicerandom utility modelsstochastic utility maximizationcompatibility of choice probabilitiesglobal compatibility

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Utility theory (91B16)

Related Items (4)

A representative consumer theorem for discrete choice models in networked markets ⋮ Discrete choice and stochastic utility maximization ⋮ On the uniqueness of quantal response equilibria and its application to network games ⋮ Bayesian analysis of nested logit model by Markov chain Monte Carlo.

Cites Work

• Unnamed Item
• On the compatibility of nested logit models with utility maximization
• Coherency Conditions in Simultaneous Linear Equation Models with Endogenous Switching Regimes
• Dummy Endogenous Variables in a Simultaneous Equation System
• Discrete choice and stochastic utility maximization

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