A latent class model for discrete choice analysis: contrasts with mixed logit
نویسندگان
چکیده
منابع مشابه
A Latent Class Model for Discrete Choice Analysis: Contrasts with Mixed Logit
The multinomial logit model (MNL) has for many years provided the fundamental platform for the analysis of discrete choice. The basic model’s several shortcomings, most notably its inherent assumption of independence from irrelevant alternatives (IIA) have motivated researchers to develop a variety of alternative formulations. The mixed logit model stands as one of the most significant of these...
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According to decision making theory, if we know the user’s utility Ui = U(si) of all possible alternatives si, then we can uniquely predict the user’s preferences. In practice, we often only know approximate values Vi ≈ Ui of the user’s utilities. Based on these approximate values, we can only make probabilistic predictions of the user’s preferences. It is empirically known that in many real-li...
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ژورنال
عنوان ژورنال: Transportation Research Part B: Methodological
سال: 2003
ISSN: 0191-2615
DOI: 10.1016/s0191-2615(02)00046-2