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Title: Tests for the consistency of three-level nested logit models with utility maximization
Authors: Gil-Molto, Maria Jose
Hole, Arne Risa
Issue Date: 2004
Publisher: © Elsevier
Citation: GIL-MOLTO, M.J. and HOLE, A.R., 2004. Tests for the consistency of three-level nested logit models with utility maximization. Economics Letters, 52, pp.133-137.
Abstract: This paper provides necessary conditions for testing the local consistency of three-level nested logit models with randomutilitymaximization.We find that for a modelwith 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.
Description: This is Restricted Access. The article was published in the journal, Economics Letters [© Elsevier] and is available at: http://www.sciencedirect.com/science/journal/01651765.
URI: https://dspace.lboro.ac.uk/2134/2072
ISSN: 0165-1765
Appears in Collections:Closed Access (Economics)

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