Question: Use the Koppelman dataset. Estimate a mixed logit model similar to that reported in Table 26.1 but with the following modifications. For each case report

Use the Koppelman dataset. Estimate a mixed logit model similar to that reported in Table 26.1 but with the following modifications. For each case report the estimated coefficients and standard errors for the cost and time variables, the log-likelihood, and describe how the results change.

(a) Replicate the results of Table 26.1 for mixed logit with the same variables.

(b) Replace intime with time=intime+outtime.

(c) Treat the coefficient on intime as the negative of a lognormal random variable. (Replace intime with nintime=-intime and treat the coefficient as lognormally distributed.) How do you compare the results of the estimated models?

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