Testing the Multinomial Logit Model against the Multinomial Probit Model without Estimating the Probit Parameters

Joel Horowitz
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Joel Horowitz: U.S. Environmental Protection Agency, Washington, D.C.

Transportation Science, 1981, vol. 15, issue 2, 153-163

Abstract: The multinomial logit formulation of travel demand models is analytically transparent and computationally tractable, but it is based on relatively restrictive behavioral assumptions. The validity of these assumptions for a given choice situation can be tested empirically by comparing the logit model with a general multinomial probit model. This paper describes a Lagrangian multiplier test that enables the comparison to be carried out without estimating the values of the parameters of a general probit model.

Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ortrsc:v:15:y:1981:i:2:p:153-163

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