Construct · 1 fields · 1 citations

independence of irrelevant alternatives: a standalone construct

One name. One construct. A landmark on the map.

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independence ofirrelevant alternatives1 CONSTRUCTIndependenceHAUSMAN · ECONOMETRICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Econometrics

the logit assumption that the odds between two options do not change when another option is added or removed.

In econometrics, independence of irrelevant alternatives refers to the logit assumption that the odds between two options do not change when another option is added or removed. This meaning comes from Hausman (1984) in Econometrica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

Arrow's impossibility theorem1 fields · 3 citationsanchor · a standalone constructoption4 fields · 9 citationsjingle · one word, four constructs

References

  1. Hausman, J., & McFadden, D. (1984). Specification Tests for the Multinomial Logit Model. Econometrica, 52(5), 1219. https://doi.org/10.2307/1910997

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