Showing 1 - 10 of 45
This paper establishes that every random utility discrete choice model (RUM) has a representation that can be characterized by a choice-probability generating function (CPGF) with specific properties, and that every function with these specific properties is consistent with a RUM. The choice...
Persistent link: https://www.econbiz.de/10015222536
We propose a multiplicative specification of a discrete choice model that renders choice probabilities independent of the scale of the utility. The scale can thus be random with unspecified distribution. The model mostly outperforms the classical additive formulation over a range of stated...
Persistent link: https://www.econbiz.de/10015232202
The choice of a specific distribution for random parameters of discrete choice models is a critical issue in transportation analysis. Indeed, various pieces of research have demonstrated that an inappropriate choice of the distribution may lead to serious bias in model forecast and in the...
Persistent link: https://www.econbiz.de/10015234405
The conditional indirect utility of many random utility maximization (RUM) discrete choice models is specified as a sum of an index V depending on observables and an independent random term e. In general, the universe of RUM consistent models is much larger, even fixing some specification of V...
Persistent link: https://www.econbiz.de/10015234406
We address the question of the impact of a possible Trump reelection on the location choices of potential Mexican migrants. We use migration aspiration data from the Gallup World Poll Surveys which provide the preferred location choices of Mexican respondents before, during and after the Trump...
Persistent link: https://www.econbiz.de/10015047215
This paper establishes that every random utility discrete choice model (RUM) has a representation that can be characterized by a choice-probability generating function (CPGF) with specific properties, and that every function with these specific properties is consistent with a RUM. The choice...
Persistent link: https://www.econbiz.de/10015249303
The question of how people revise their decisions about whether to emigrate, and where to, when facing changes in the global environment is of critical importance in migration literature. We propose a cross-nested logit (CNL) approach to generalize the way deviations from the IIA (independence...
Persistent link: https://www.econbiz.de/10012497991
Persistent link: https://www.econbiz.de/10000973669
Discrete variables that show a natural ordering across response levels are commonly analyzed based on data collected in surveys and in field observations. These variables follow a natural unimodal probability distribution, as the levels that are closer to the actual chosen level are more likely...
Persistent link: https://www.econbiz.de/10014076941
The question of how people revise their decisions about whether to emigrate, and where to, when facing changes in the global environment is of critical importance in migration literature. We propose a cross-nested logit (CNL) approach to generalize the way deviations from the IIA (independence...
Persistent link: https://www.econbiz.de/10013228412