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Tests for the consistency of three-level nested logit models with utility maximization

journal contribution
posted on 30.05.2006, 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.

History

School

  • Business and Economics

Department

  • Economics

Pages

188585 bytes

Citation

GIL-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.

Publisher

© Elsevier

Publication date

2004

Notes

This is Restricted Access. The article was published in the journal, Economics Letters [© Elsevier] and is available at: http://www.sciencedirect.com/science/journal/01651765.

ISSN

0165-1765

Language

en

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