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

DOI10.1016/S0304-4076(02)00125-2zbMATH Open1079.62558OpenAlexW3125597289MaRDI QIDQ1868968FDOQ1868968

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

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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)

Cites Work

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• On the compatibility of nested logit models with utility maximization. A comment
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• Bayesian analysis of logit models using natural conjugate priors

Cited In (5)

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

Uses Software

• LIMDEP
• Gibbsit

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