Forecasting new product penetration with flexible substitution patterns

David Brownstone and Kenneth Train ()

University of California Transportation Center, Working Papers from University of California Transportation Center

Abstract: We describe and apply choice models, including generalizations of logit called mixed logits, that do not exhibit the restrictive independence from irrelevant alternatives property and can approximate any substitution pattern. The models are estimated on data from a stated-preference survey that elicited customers preferences among gas, electric, methanol, and CNG vehicles with various attributes.

Keywords: Architecture (search for similar items in EconPapers)
Date: 1999-01-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (296)

Downloads: (external link)
https://www.escholarship.org/uc/item/3tb6j874.pdf;origin=repeccitec (application/pdf)

Related works:
Working Paper: Forecasting new product penetration with flexible substitution patterns (1999)
Working Paper: Forecasting new product penetration with flexible substitution patterns (1999)
Working Paper: Forecasting new product penetration with flexible substitution patterns (1999)
Journal Article: Forecasting new product penetration with flexible substitution patterns (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdl:uctcwp:qt3tb6j874

Access Statistics for this paper

More papers in University of California Transportation Center, Working Papers from University of California Transportation Center Contact information at EDIRC.
Bibliographic data for series maintained by Lisa Schiff ().