Reconsidering the multinomial probit model

Joel L. Horowitz*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

33 Scopus citations

Abstract

Recently developed computational methods have greatly reduced the difficulty of estimating multinomial probit models and may soon make multinomial probit a computationally feasible option in applied travel demand modeling. This paper discusses some of the benefits and costs that are associated with the use of multinomial probit in demand modeling. It is argued that although there are situations in which multinomial probit is essential for achieving a satisfactory model, most problems with existing demand models are unlikely to be mitigated by the use of multinomial probit.

Original languageEnglish (US)
Pages (from-to)433-438
Number of pages6
JournalTransportation Research Part B
Volume25
Issue number6
DOIs
StatePublished - Jan 1 1991

ASJC Scopus subject areas

  • Management Science and Operations Research
  • Transportation

Fingerprint Dive into the research topics of 'Reconsidering the multinomial probit model'. Together they form a unique fingerprint.

Cite this