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Mixed logit models: accuracy and software choice


  • Jae Bong Chang
  • Jayson L. Lusk


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  • Jae Bong Chang & Jayson L. Lusk, 2011. "Mixed logit models: accuracy and software choice," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(1), pages 167-172, January/F.
  • Handle: RePEc:wly:japmet:v:26:y:2011:i:1:p:167-172

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    1. James E. Matheson & Robert L. Winkler, 1976. "Scoring Rules for Continuous Probability Distributions," Management Science, INFORMS, vol. 22(10), pages 1087-1096, June.
    2. Durlauf, Steven N. & Johnson, Paul A. & Temple, Jonathan R.W., 2005. "Growth Econometrics," Handbook of Economic Growth,in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 8, pages 555-677 Elsevier.
    3. William A. Brock & Steven N. Durlauf & Kenneth D. West, 2003. "Policy Evaluation in Uncertain Economic Environments," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(1), pages 235-322.
    4. repec:cup:apsrev:v:88:y:1994:i:02:p:412-423_09 is not listed on IDEAS
    5. Carmen Fernandez & Eduardo Ley & Mark F. J. Steel, 2001. "Model uncertainty in cross-country growth regressions," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(5), pages 563-576.
    6. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation," American Economic Review, American Economic Association, vol. 91(5), pages 1369-1401, December.
    7. Fernandez, Carmen & Ley, Eduardo & Steel, Mark F. J., 2001. "Benchmark priors for Bayesian model averaging," Journal of Econometrics, Elsevier, vol. 100(2), pages 381-427, February.
    8. Steven N. Durlauf & Andros Kourtellos & Chih Ming Tan, 2012. "Is God in the details? A reexamination of the role of religion in economic growth," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 27(7), pages 1059-1075, November.
    9. Ley, Eduardo & Steel, Mark F. J., 2007. "On the effect of prior assumptions in Bayesian model averaging with applications to growth regression," Policy Research Working Paper Series 4238, The World Bank.
    10. Liang, Feng & Paulo, Rui & Molina, German & Clyde, Merlise A. & Berger, Jim O., 2008. "Mixtures of g Priors for Bayesian Variable Selection," Journal of the American Statistical Association, American Statistical Association, vol. 103, pages 410-423, March.
    11. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 407-437.
    12. Ley, Eduardo & Steel, Mark F.J., 2007. "Jointness in Bayesian variable selection with applications to growth regression," Journal of Macroeconomics, Elsevier, vol. 29(3), pages 476-493, September.
    13. StevenN. Durlauf & Andros Kourtellos & ChihMing Tan, 2008. "Are Any Growth Theories Robust?," Economic Journal, Royal Economic Society, vol. 118(527), pages 329-346, March.
    14. P. J. Brown & M. Vannucci & T. Fearn, 2002. "Bayes model averaging with selection of regressors," Journal of the Royal Statistical Society Series B, Royal Statistical Society, vol. 64(3), pages 519-536.
    15. Gneiting, Tilmann & Raftery, Adrian E., 2007. "Strictly Proper Scoring Rules, Prediction, and Estimation," Journal of the American Statistical Association, American Statistical Association, vol. 102, pages 359-378, March.
    16. Xavier Sala-I-Martin & Gernot Doppelhofer & Ronald I. Miller, 2004. "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach," American Economic Review, American Economic Association, vol. 94(4), pages 813-835, September.
    17. Chris Papageorgiou & Winford H. Masanjala, 2006. "Initial Conditions, European Colonialism and Africa's Growth," Departmental Working Papers 2006-01, Department of Economics, Louisiana State University.
    18. Klein, Roger W & Brown, Stephen J, 1984. "Model Selection When There Is "Minimal" Prior Information," Econometrica, Econometric Society, vol. 52(5), pages 1291-1312, September.
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    Cited by:

    1. Drescher, Larissa S. & Marette, Stephan & Roosen, Jutta, 2011. "Consumer Acceptance of Traffic-light Labelling on Food vs. Financial Products," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114431, European Association of Agricultural Economists.
    2. John C. Whitehead & Daniel K. Lew, 2016. "Estimating Recreation Benefits through Joint Estimation of Revealed and Stated Preference Discrete Choice Data," Working Papers 16-22, Department of Economics, Appalachian State University.
    3. van Putten, Marloes & Lijesen, Mark & Özel, Tanju & Vink, Nancy & Wevers, Harm, 2014. "Valuing the preferences for micro-generation of renewables by househoulds," Energy, Elsevier, vol. 71(C), pages 596-604.
    4. Marti, Joachim & Buckell, John & Maclean, J. Catherine & Sindelar, Jody L., 2017. "To 'Vape' or Smoke? A Discrete Choice Experiment among Adult Smokers," IZA Discussion Papers 10490, Institute for the Study of Labor (IZA).
    5. Che, Yi & Du, Julan & Lu, Yi & Tao, Zhigang, 2017. "Institutional Difference and FDI Location Choice: Evidence from China," MPRA Paper 77158, University Library of Munich, Germany.
    6. Joachim Marti & John Buckell & Johanna Catherine Maclean & Jody L. Sindelar, 2016. "To ‘Vape’ or Smoke? A Discrete Choice Experiment Among U.S. Adult Smokers," NBER Working Papers 22079, National Bureau of Economic Research, Inc.
    7. Arne Risa Hole, 2011. "A comment on ‘Mixed logit models: Accuracy and software choice.'," Working Papers 2011011, The University of Sheffield, Department of Economics, revised May 2011.
    8. Bergtold, Jason S. & Pokharel, Krishna & Featherstone, Allen, 2015. "On the Examination of the Reliability of Statistical Software for Estimating Logistic Regression Models," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205643, Agricultural and Applied Economics Association;Western Agricultural Economics Association.
    9. Drescher, Larissa S. & Stephan, Marette & Roosen, Jutta, 2012. "Consumer’s thoughts about and willingness to pay for traffic-light labeled food and financial products," 2012 AAEA/EAAE Food Environment Symposium, May 30-31, Boston, MA 123200, Agricultural and Applied Economics Association.
    10. Palma, Marco & Li, Yajuan & Vedenov, Dmitry & Bessler, David, 2016. "The Order of Variables, Simulation Noise and Accuracy of Mixed Logit Estimates," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 235990, Agricultural and Applied Economics Association.

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