Year: 2004
Type: article
Abstract: A multitude of alternatives characterize the choice set in many activity and travel choice contexts. Analysts generally sample alternatives from the choice set in such situations because estimating models from the full choice set can be very expensive or even prohibitive. Numerical experiments were undertaken to examine the effect of the sample size of alternatives on model performance for both a multinomial logit model (for which consistency with a subset of alternatives is guaranteed) and a mixed multinomial logit model (for which no consistency result holds).
DOI: 10.3141/1894-02
Authors: Sriharsha Nerella, Chandra R. Bhat
Institution: The University of Texas at Austin
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2118655012