Discrete choice models, like the multinomial logit (MNL), have long been recognized for their ability to capture a wide array of transport-related choice phenomena. However, a number of choices are continuous response variables (e.g., location choice, departure time choice, activity duration, and vehicle usage). In this paper, the continuous cross-nested logit (CCNL) model is introduced. The CC...

Investigating the mutual relationship between happiness and productivity using logit probit regression (Case Study: LTU)

Weight of evidence (WOE) coding of a nominal or discrete variable is widely used when preparing predictors for usage in binary logistic regression models. When using WOE coding, an important preliminary step is binning of the levels of the predictor to achieve parsimony without giving up predictive power. These concepts of WOE and binning are extended to ordinal logistic regression in the case ...

Using discrete choice experiments (DCEs) to estimate health state utility values has become an important alternative to the conventional methods of Time Trade-Off and Standard Gamble. Studies using DCEs have typically used the conditional logit to estimate the underlying utility function. The conditional logit is known for several limitations. In this paper, we propose two types of models based...

Methods for group comparisons using predicted probabilities and marginal effects on probabilities are developed for regression models for binary outcomes. Unlike approaches based on the comparison of regression coefficients across groups, the methods we propose are unaffected by the identification of the coefficients and are expressed in the natural metric of the outcome probability. While we d...

abstract researches of preservation valuation of natural resources and environment were done in order to create necessary awareness for making optimal decisions in the field of the ways of economic management of these resources and helping to establish sustainable regional development strategy. in this study, preservation value of lilium ledebourii estimated using single bounded dichotomous cho...

A rich theoretical literature describes the disadvantages facing plaintiffs who suffer multiple, or intersecting, axes of discrimination. This article extends extant literature by distinguishing two forms of intersectionality: demographic intersectionality, in which overlapping demographic characteristics produce disadvantages that are more than the sum of their parts, and claim intersectionali...

In this paper we identify the main determinants of the exchange rate regimes in Central and Eastern European Countries (CEECs). For this purpose, we use an ordered logit model for the official (de jure) and the actual (de facto) exchange rate classifications. We find that trade openness and concentration, inflation differentials, international reserves stocks, and financial conditions are the m...