Tests for the consistency of three-level nested logit models with utility maximization
This paper provides necessary conditions for testing the local consistency of three-level nested logit models with random utility maximization. We find that for a model with two sub-nests per nest the conditions can lead to a substantial increase in the range of acceptable dissimilarity parameters, irrespective of the number of alternatives per sub-nest.
|Date of creation:||04 Dec 2003|
|Date of revision:||08 Jan 2004|
|Note:||Type of Document - ; prepared on WinXP; to print on LaserJet IIIp; pages: 13|
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