Grieco, Paul L. E.; Murry, Charles; Pinkse, Joris; … - National Bureau of Economic Research - 2025
We propose a conformant likelihood estimator with exogeneity restrictions (CLEER) for random coefficients discrete choice demand models that is applicable in a broad range of data settings. It combines the likelihoods of two mixed logit estimators--one for consumer level data, and one for...