We calibrate and contrast the recent generalized multinomial logit model and the widely used latent class logit model approaches for studying heterogeneity in consumer purchases. We estimate the parameters of the models on panel data of household ketchup purchases, and find that the generalized mult
✦ LIBER ✦
Identifiability of Finite Mixtures of Multinomial Logit Models with Varying and Fixed Effects
✍ Scribed by Bettina Grün; Friedrich Leisch
- Publisher
- Springer
- Year
- 2008
- Tongue
- English
- Weight
- 631 KB
- Volume
- 25
- Category
- Article
- ISSN
- 0176-4268
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