Question: In the conditional logit model with no alternative-invariant regressorsW showthat (26.11) implies Pj (x)/P`(x) exp xj x` 0 .

In the conditional logit model with no alternative-invariant regressorsW showthat (26.11)

implies Pj (x)/P`(x) Æ exp

³¡

xj ¡x`

¢0

°

´

.

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