Estimation of discrete choice models including socio-economic explanatory variables

Gerd Ronning

No 42, Discussion Papers, Series II from University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy"

Abstract: Discrete choice models and qualitative response models are intimately related. Usually both are based on a logistic specification. In many applications the two approaches have been combined leading to a 'discrete choice model including socio-economic explanatory variables'. The paper desdribes maximum likelihood estimation for all three approaches. Special attention is given to the case of missing variation (over individuals) of category-dependent explanatory variables.

Date: 1987
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