Construct · 1 fields · 1 citations

mixed logit: a standalone construct

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

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Econometrics

a choice model whose taste coefficients vary randomly across people, relaxing the IIA restriction of standard logit.

In econometrics, mixed logit refers to a choice model whose taste coefficients vary randomly across people, relaxing the IIA restriction of standard logit. This meaning comes from McFadden (2000) in Journal of Applied Econometrics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

model3 fields · 3 citationsjingle · one word, three constructs restriction3 fields · 3 citationsjingle · one word, three constructs taste4 fields · 6 citationsjingle · one word, four constructs

References

McFadden, D., & Train, K. (2000). Mixed MNL models for discrete response. Journal of Applied Econometrics, 15(5), 447-470. https://doi.org/10.1002/1099-1255(200009/10)15:5<447::aid-jae570>3.0.co;2-1

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