Abstract
| Original language | English |
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| Publisher | National Bureau of Economic Research |
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| Publication status | Published - 2012 |
| Series | NBER Working Paper Series |
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| Number | 17970 |
Cite this
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Choice Probability Generating Functions. / Fosgerau, Mogens; McFadden, Daniel L; Bierlaire, Michel.
National Bureau of Economic Research, 2012. (NBER Working Paper Series; No. 17970).Research output: Book/Report › Report
TY - RPRT
T1 - Choice Probability Generating Functions
AU - Fosgerau, Mogens
AU - McFadden, Daniel L
AU - Bierlaire, Michel
PY - 2012
Y1 - 2012
N2 - This paper considers discrete choice, with choice probabilities coming from maximization of preferences from a random utility field perturbed by additive location shifters (ARUM). Any ARUM can be characterized by a choice-probability generating function (CPGF) whose gradient gives the choice probabilities, and every CPGF is consistent with an ARUM. We relate CPGF to multivariate extreme value distributions, and review and extend methods for constructing CPGF for applications.
AB - This paper considers discrete choice, with choice probabilities coming from maximization of preferences from a random utility field perturbed by additive location shifters (ARUM). Any ARUM can be characterized by a choice-probability generating function (CPGF) whose gradient gives the choice probabilities, and every CPGF is consistent with an ARUM. We relate CPGF to multivariate extreme value distributions, and review and extend methods for constructing CPGF for applications.
M3 - Report
BT - Choice Probability Generating Functions
PB - National Bureau of Economic Research
ER -