Combining RP and SP data: biases in using the nested logit ‘trick’ – contrasts with flexible mixed logit incorporating panel and scale effects

ITLS - WP - 07 - 16 Combining RP and SP data : Biases in using the nested logit ‘ trick ’ – contrasts with flexible mixed logit incorporating panel and scale effects

It has become popular practice that joint estimation of choice models that use stated preference (SP) and revealed preference (RP) data requires a way of adjusting for scale to ensure that parameter estimates across data sets are not confounded by differences in scale. The nested logit ‘trick’ presented in Hensher and Bradley (1993) continues to be widely used, especially by practitioners, to a...

A Simple Method of Incorporating Income Effects into Logit and Nested - Logit Models : Theory and Application

Substantive income effects are incorporated in a logit or nested-logit model by assuming that utility is a piece-wise linear spline function of residual income. Specific income data are not required, only income by category. Expected compensating variation is easily and accurately approximated by the difference between expected maximum utility in the proposed and initial state, multiplied by th...

The Generalized Nested Logit Model

The generalized nested logit model is a new member of the generalized extreme value family of models. The GNL provides a higher degree of flexibility in the estimation of substitution or cross-elasticity between pairs of alternatives than previously developed generalized extreme value models. The generalized nested logit model includes the paired combinatorial logit and cross-nested logit model...

Pricing Multiple Products with the Multinomial Logit and Nested Logit Models: Concavity and Implications

Probit and nested logit models based on fuzzy measure

Inspired by the interactive discrete choice logit models [Aggarwal, 2019], this paper presents the advanced families of discrete choice models, such as nested logit, mixed logit, and probit models to consider the interaction among the attributes. Besides the DM's attitudinal character is also taken into consideration in the computation of choice probabilities. The proposed choice models make us...