The struggle to achieve above the poverty line at household level in urban areas of Ethiopia dates back an extended period. In this regard, study was conducted identify and analyze determinants case Arsi Nagele town. employed both primary secondary data. Preliminary data collected from 337 randomly selected households two sub-cities by questionnaire. Both descriptive Logit regression model used...

Nested logit is increasingly advocated as a tool of recreational demand and benefit estimation. The intent of this short monograph is to lay out, in a simple fashion, the theory behind the nested-logit model of site choice and the nested-logit model of participation and site choice. Rigorous but straightforward derivations of the properties of nested-logit models are provided, including the pro...

Maximum entropy models are often used to describe supply and demand behavior in urban transportation and land use systems. However, they have been criticized for not representing behavioral rules of system agents and because their parameters seems to adjust only to modeler-imposed constraints. In response, it is demonstrated that the solution to the entropy maximization problem with linear cons...

Consider a category of product variants distinguished by some attribute such as color or flavor. A retailer must construct an assortment for the category, i.e., select a subset variants to stock and determine purchase quantities for each offered variant. We analyze this problem using a multinomial logit model to describe the consumer choice process and a newsboy model to represent the retailer’...

This paper describes a revenue management project with a major airline that operates in a fiercely competitive market involving two major hubs and having more than 30 parallel daily flights. The market has a number of unusual characteristics including (1) almost half of customers choose not to purchase the tickets after booking; (2) about half of customers purchase their tickets within 3 days o...

In this study, two-state Markov switching multinomial logit models are proposed for statistical modeling of accident-injury severities. These models assume Markov switching over time between two unobserved states of roadway safety as a means of accounting for potential unobserved heterogeneity. The states are distinct in the sense that in different states accident-severity outcomes are generate...

Farmers incur proportional and fixed transactions costs in selling their crops on markets. Using data for Peruvian potato farmers, we propose a method to measure these transactions costs. When opportunities exist to sell a crop on alternative markets, the observed choice of market can be used to infer a monetary measure of transactions costs in market participation. The market choice model is f...