EconPapers    
Economics at your fingertips  
 

Non-Linear Mixed Logit

Steffen Andersen, Glenn Harrison (), Arne Hole and Elisabet Rutstrom

No 04-2010, Working Papers from Copenhagen Business School, Department of Economics

Abstract: We develop an extension of the familiar linear mixed logit model to allow for the direct estimation of parametric non-linear functions defined over structural parameters. A classic application is the estimation of coefficients of utility functions to characterize risk attitudes. There are several unexpected benefits of this extension, apart from the ability to directly estimate structural parameters of theoretical interest.

Keywords: utility functions; risk attitudes; utility theory (search for similar items in EconPapers)
JEL-codes: C10 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2010-04-01
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10398/8171 Full text (application/pdf)
Full text not avaiable

Related works:
Journal Article: Non-linear mixed logit (2012) Downloads
Working Paper: Non-Linear Mixed Logit (2011) Downloads
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:hhs:cbsnow:2010_004

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Papers from Copenhagen Business School, Department of Economics Copenhagen Business School, Department of Economics, Porcelaenshaven 16 A. 1.floor, DK-2000 Frederiksberg, Denmark. Contact information at EDIRC.
Bibliographic data for series maintained by CBS Library Research Registration Team ().

 
Page updated 2024-07-23
Handle: RePEc:hhs:cbsnow:2010_004