Compare and contrast the multinomial logit model to the conditional logit model.

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Principles Of Econometrics

ISBN: 9781118452271

5th Edition

Authors: R Carter Hill, William E Griffiths, Guay C Lim

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Question Posted: Apr 02, 2024 02:00 AM

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Compare and contrast the multinomial logit model to the conditional logit model.

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The multinomial logit MNL model and the conditional logit CL model are both widely used in choice modeling and discrete choice analysis Heres a compar...View the full answer

Principles Of Econometrics

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