Discrete Choice Models with Multiple Unobserved Choice Characteristics ∗

@inproceedings{Athey2007DiscreteCM,
  title={Discrete Choice Models with Multiple Unobserved Choice Characteristics ∗},
  author={Susan Athey and Guido Imbens},
  year={2007}
}
Since the pioneering work by Daniel McFadden in the 1970s and 1980s (McFadden, 1973, 1981, 1982, 1984) discrete (multinomial) response models based on utility maximization have become an important tool of empirical researchers. A key feature of these models is the specification of utilities associated with the alternatives in terms of choice characteristics and individual preferences. Various generalizations of the basic models have been developed to allow for heterogeneity in taste parameters… CONTINUE READING

References

Publications referenced by this paper.
Showing 1-10 of 48 references

Similar Papers

Loading similar papers…