An anti-ideal point representation of economic discrete choice models

The popular mixed logit model, which can closely approximate virtually any other random utility model can be approximated by a more visual, and computationally more tractable, anti-ideal point model.

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Year of publication:	2011
Authors:	Bordley, Robert F.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 110.2011, 1, p. 60-63
Publisher:	Elsevier
Keywords:	Discrete choice Mixed logit Anti-ideal point Large choice set

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008866836