Mixed Multinomial Logit

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf statistical analysis
econometric model
gptkbp:accountsFor random taste variation
unobserved heterogeneity
gptkbp:allows correlation in unobserved factors
flexible substitution patterns
gptkbp:alsoKnownAs gptkb:MMNL
random parameters logit
gptkbp:application environmental economics
health economics
brand choice modeling
mode choice analysis
gptkbp:assumes random utility maximization
gptkbp:developedBy gptkb:Daniel_McFadden
gptkbp:generalizes multinomial logit model
https://www.w3.org/2000/01/rdf-schema#label Mixed Multinomial Logit
gptkbp:inferenceMethod Bayesian methods
maximum simulated likelihood
gptkbp:introducedIn 1990s
gptkbp:parameter random coefficients
gptkbp:publishedIn gptkb:Journal_of_Applied_Econometrics
gptkbp:relatedTo probit model
conditional logit model
gptkbp:usedIn marketing research
transportation research
discrete choice modeling
gptkbp:bfsParent gptkb:MMNL
gptkbp:bfsLayer 7