A Proportional Random Utility Approach to Qualitative Response Models
A new functional form of the response probability for a qualitative response model is proposed. The new model is flexible enough to avoid the constraint of independence from irrelevant alternatives, which is perceived as a weakness of the multinomial logit model in some applications. It is computati...
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Institutional Knowledge at Singapore Management University
1989
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sg-smu-ink.soe_research-13492010-09-23T05:48:03Z A Proportional Random Utility Approach to Qualitative Response Models TSE, Yiu Kuen A new functional form of the response probability for a qualitative response model is proposed. The new model is flexible enough to avoid the constraint of independence from irrelevant alternatives, which is perceived as a weakness of the multinomial logit model in some applications. It is computationally simpler than the multinomial probit model and is promising for analyzing problems with a moderate number of alternatives. 1989-01-01T08:00:00Z text https://ink.library.smu.edu.sg/soe_research/350 info:doi/10.2307/1391838 Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Economics |
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Asia |
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Singapore Singapore |
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English |
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Economics |
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Economics TSE, Yiu Kuen A Proportional Random Utility Approach to Qualitative Response Models |
| description |
A new functional form of the response probability for a qualitative response model is proposed. The new model is flexible enough to avoid the constraint of independence from irrelevant alternatives, which is perceived as a weakness of the multinomial logit model in some applications. It is computationally simpler than the multinomial probit model and is promising for analyzing problems with a moderate number of alternatives. |
| format |
text |
| author |
TSE, Yiu Kuen |
| author_facet |
TSE, Yiu Kuen |
| author_sort |
TSE, Yiu Kuen |
| title |
A Proportional Random Utility Approach to Qualitative Response Models |
| title_short |
A Proportional Random Utility Approach to Qualitative Response Models |
| title_full |
A Proportional Random Utility Approach to Qualitative Response Models |
| title_fullStr |
A Proportional Random Utility Approach to Qualitative Response Models |
| title_full_unstemmed |
A Proportional Random Utility Approach to Qualitative Response Models |
| title_sort |
proportional random utility approach to qualitative response models |
| publisher |
Institutional Knowledge at Singapore Management University |
| publishDate |
1989 |
| url |
https://ink.library.smu.edu.sg/soe_research/350 |
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1770569119826968576 |