File(s) under permanent embargo
Reason: This item is currently closed access.
Tests for the consistency of three-level nested logit models with utility maximization
journal contributionposted on 2006-05-30, 11:40 authored by Maria Jose Gil-Molto, Arne Risa Hole
This paper provides necessary conditions for testing the local consistency of three-level nested logit models with randomutilitymaximization.We find that for a modelwith two sub-nests per nest the conditions can lead to a substantial increase in the range of acceptable dissimilarity parameters, irrespective of the number of alternatives per sub-nest.
- Business and Economics
CitationGIL-MOLTO, M.J. and HOLE, A.R., 2004. Tests for the consistency of three-level nested logit models with utility maximization. Economics Letters, 52, pp.133-137.
NotesThis is Restricted Access. The article was published in the journal, Economics Letters [© Elsevier] and is available at: http://www.sciencedirect.com/science/journal/01651765.