Herger, Nils; McCorriston, Steve - In: Economics Letters 120 (2013) 2, pp. 288-291
When estimating location choices, Poisson regressions and conditional logit models yield identical coefficient … transforming the conditional logit into a nested logit framework. This gives rise to a dissimilarity parameter (λ∈[0;1]) equalling … 1 in Poisson regressions (with completely dissimilar locations) and 0 in conditional logit models (with completely …