Choice probability generating functions

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

This paper considers discrete choice, with choice probabilities coming from maximization of preferences from a random utility field perturbed by additive location shifters (ARUM). Any ARUM can be characterized by a choice-probability generating function (CPGF) whose gradient gives the choice probabilities, and every CPGF is consistent with an ARUM. We relate CPGF to multivariate extreme value distributions, and review and extend methods for constructing CPGF for applications. The choice probabilities of any ARUM may be approximated by a cross-nested logit model. The results for ARUM are extended to competing risk survival models.

OriginalsprogEngelsk
TidsskriftJournal of Choice Modelling
Vol/bind8
Sider (fra-til)1-18
Antal sider18
ISSN1755-5345
DOI
StatusUdgivet - 2013

ID: 181872088