A Maximum Entropy Estimator for the Aggregate Hierarchical Logit Model

A new approach for estimating the aggregate hierarchical logit model is presented. Though usually derived from random utility theory assuming correlated stochastic errors, the model can also be derived as a solution to a maximum entropy problem. Under the latter approach, the Lagrange multipliers of...

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Bibliographic Details
Main Authors: Pedro Donoso, Felipe González, Louis De Grange
Format: Article
Language:English
Published: MDPI AG 2011-08-01
Series:Entropy
Subjects:
Online Access:http://www.mdpi.com/1099-4300/13/8/1425/