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Econometric Models for Probabilistic Choice among Products

J z i Zi

UZj

2 multinomial logit

IIA[,
]
j alternative i i scale value
scale value VZi i
3multinomial probit

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5 GEV
theorem
logit
GEV
Williams-Daly-Zachary Theorem nonstochastic scale
value random effect
6 generic nominal

M-M
likelihood function choice-based sample, quantal response model
estimator sampling frequency for alternative
estimatorCosslett choice-based sampling

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