Graphical Tests of Cost-Minimizing Behavior in Logit Models

Sven Erlander ()
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Sven Erlander: Linköping University

Chapter Chapter 7 in Cost-Minimizing Choice Behavior in Transportation Planning, 2010, pp 109-122 from Springer

Abstract: Abstract Graphical tests are given for testing the agreement of basic assumptions about cost-minimizing behavior against observations. Simulation is used to study the properties of the graphical test for the simple (multinomial) logit model.

Keywords: Logit Model; Asymptotic Distribution; Average Cost; Stochastic Variable; Choice Probability (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-11911-8_7

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DOI: 10.1007/978-3-642-11911-8_7

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