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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2011-08-01
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Series: | Entropy |
Subjects: | |
Online Access: | http://www.mdpi.com/1099-4300/13/8/1425/ |