On Locally Optimal Criterion for a Logit Model with Random Parameters
نویسندگان
چکیده
منابع مشابه
On Locally Optimal Criterion for a Logit Model with Random Parameters
Mixed logit is a highly flexible model that can approximate any random utility model. In this paper, two kinds of mixed multinomial logit models were considered. The main aim was to introduce a locally D-optimal criterion to obtain an optimal combination of the levels of attributes for producing alternatives and an optimal combination of alternatives in choice sets. Thus, a design including cho...
متن کاملOn Rank-Ordered Nested Multinomial Logit Model and D-Optimal Design for this Model
In contrast to the classical discrete choice experiment, the respondent in a rank-order discrete choice experiment, is asked to rank a number of alternatives instead of the preferred one. In this paper, we study the information matrix of a rank order nested multinomial logit model (RO.NMNL) and introduce local D-optimality criterion, then we obtain Locally D-optimal design for RO.NMNL models in...
متن کاملAssortment Optimization under the Multinomial Logit Model with Random Choice Parameters
We consider assortment optimization problems under the multinomial logit model, where the parameters of the choice model are random. The randomness in the choice model parameters is motivated by the fact that there are multiple customer segments, each with different preferences for the products, and the segment of each customer is unknown to the firm when the customer makes a purchase. This cho...
متن کاملThe random coefficients logit model is identified
The random coefficients multinomial choice logit model, also known as the mixed logit, has been widely used in empirical choice analysis for the last thirty years. We prove that the distribution of random coefficients in the multinomial logit model is nonparametrically identified. Our approach requires variation in product characteristics only locally and does not rely on the special regressors...
متن کاملA Criterion and Schemes on the Random Oracle Model
A study of the random oracle model seems to be concentrated to showing the gap between the schemes in the random oracle model and the schemes whose random oracles are replaced with functions chosen at random from some function ensembles. We consider a different direction on the study of the schemes in the random oracle model. We focus on the size of the tables necessary to describe all of the e...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Applied Mathematics & Information Sciences
سال: 2013
ISSN: 1935-0090,2325-0399
DOI: 10.12785/amis/072l50