The Generalized Nested Logit Model

  title={The Generalized Nested Logit Model},
  author={C. H. Wen},
The generalized nested logit model is a new member of the generalized extreme value family of models. The GNL provides a higher degree of flexibility in the estimation of substitution or cross-elasticity between pairs of alternatives than previously developed generalized extreme value models. The generalized nested logit model includes the paired combinatorial logit and cross-nested logit models as special cases. It also includes the product differentiation model, which represents the… CONTINUE READING
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