Silberhorn, Nadja; Boztug, Yasemin; Hildebrandt, Lutz - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2007
The paper discusses the nested logit model for choices between a set of mutually exclusive alternatives (e.g. brand … choice, strategy decisions, modes of transportation, etc.). Due to the ability of the nested logit model to allow and account … decisions. However the fact that there are two different specifications of the nested logit model (with different outcomes) has …