 Some developments on the cross-nested logit modelAndrea Papola Transportation Research Part B: Methodological, 2004, vol. 38, issue 9, 833-851 Abstract: In this paper the cross-nested logit (CNL) model is reformulated as a generalization of the two levels hierarchical logit model. The proposed analytical formulation is derived from the GEV model. Moreover, a general expression of the covariance matrix of the CNL model presenting interesting empirical evidence is proposed. It will be also demonstrated that it is generally possible to specify the model so that this general expression reproduces any given hypothetical homoscedastic covariance matrix. Hence, from the latter, not just probit or mixed multinomial logit choice probabilities (through some simulation methods, e.g. Montecarlo) but also CNL choice probabilities (with a closed analytical form) could be derived. Moreover, comparisons among CNL and probit choice probabilities are presented and the resulting similarity indicates that the CNL is a very interesting closed form alternative to the more flexible non-closed form models. Date: 2004 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:38:y:2004:i:9:p:833-851 Ordering information: This journal article can be ordered from Access Statistics for this article Transportation Research Part B: Methodological is currently edited by Fred Mannering More articles in Transportation Research Part B: Methodological from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.