INVESTIGATION OF THE ACCURACY OF THE CLARK APPROXIMATION FOR THE MULTINOMIAL PROBIT MODEL.

Joel L. Horowitz*, Jurg M. Sparmann, Carlos F. Daganzo

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

37 Scopus citations

Abstract

This paper reports the results of a series of numerical experiments in which the accuracy of probit computations based on the C. E. Clark approximation was investigated. The experiments dealt with the accuracy of the results obtained when the Clark approximation is used for econometric estimation of the values of probit models' parameters and for prediction of choice probabilities using the estimated parameter values.

Original languageEnglish (US)
Pages (from-to)382-401
Number of pages20
JournalTransportation Science
Volume16
Issue number3
DOIs
StatePublished - Jan 1 1982

ASJC Scopus subject areas

  • Transportation

Fingerprint

Dive into the research topics of 'INVESTIGATION OF THE ACCURACY OF THE CLARK APPROXIMATION FOR THE MULTINOMIAL PROBIT MODEL.'. Together they form a unique fingerprint.

Cite this