Estimation with the nested logit model: specifications and software particularities

@article{Silberhorn2008EstimationWT,
  title={Estimation with the nested logit model: specifications and software particularities},
  author={Nadja Silberhorn and Yasemin Boztug and Lutz Hildebrandt},
  journal={OR Spectrum},
  year={2008},
  volume={30},
  pages={635-653}
}
The paper discusses the nested logit model for choices between a set of mutually exclusive alternatives (e.g. brand choice, strategy decisions, modes of transportation, etc.). Due to the ability of the nested logit model to allow and account for similarities between pairs of alternatives, the model has become very popular for the empirical analysis of choice decisions. However the fact that there are two different specifications of the nested logit model (with different outcomes) has not… CONTINUE READING
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