The MACML Estimation of the Normally-Mixed Multinomial Logit Model

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Date

2011-01-18

Authors

Bhat, Chandra R.

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Abstract

The focus of this paper is to develop a procedure for the Maximum Composite Marginal Likelihood (MACML) estimation of multinomial logit models with normally mixed terms, as would be the case with normally-mixed random coefficient and/or error-component structures.

Department

Civil, Architectural, and Environmental Engineering

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Keywords

mixed logit, multinomial logit, composite marginal likelihood, maximum simulated likelihood, discrete choice models, mixed models, panel models

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http://hdl.handle.net/2152/21086

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