The generalized nested logit model

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...

The Generalized Multinomial Logit Model

The so-called “mixed” or “heterogeneous” multinomial logit (MIXL) model has become popular in a number of fields, especially Marketing, Health Economics and Industrial Organization. In most applications of the model, the vector of consumer utility weights on product attributes is assumed to have a multivariate normal (MVN) distribution in the population. Thus, some consumers care more about som...

Modelling Departure Time, Destination and Travel Mode Choices by Using Generalized Nested Logit Model: Discretionary Trips (Research Note)

Despite traditional four-step model is the most prominent model in majority of travel demand analysis, it does not represent the potential correlations within different travel dimensions. As a result, some researches have suggested the use of choice modelling instead. However, most of them have represented travel dimensions individually rather than jointly. This research aims to fill this gap t...

A Nested Logit Model of Coffee Purchase

On a shopping trip to a supermarket a customer may purchase a product in a given category and, if so, buys a particular brand. A previous paper by the authors models the brand choice part of this process. A multinomial logit model describes the selection of brand and size given that the customer makes a category purchase. Explanatory variables include store actions, such as price and promotion,...

Online Supplement Constrained Assortment Optimization for the Nested Logit Model