TESTING THE MULTINOMIAL LOGIT MODEL AGAINST THE MULTINOMIAL PROBIT MODEL WITHOUT ESTIMATING THE PROBIT PARAMETERS.

Joel Horowitz

doi:10.1287/trsc.15.2.153

TESTING THE MULTINOMIAL LOGIT MODEL AGAINST THE MULTINOMIAL PROBIT MODEL WITHOUT ESTIMATING THE PROBIT PARAMETERS.

Joel Horowitz^*

^*Corresponding author for this work

Economics

Research output: Contribution to journal › Article › peer-review

3 Scopus citations

Abstract

The author states the multinomial logit formulation of travel demand models is analytically transparent and computationally tractable, but it is based on relatively restrictive behavioral assumptions. The validity of these assumptions for a given choice situation was tested empirically by comparing the logit model with a general multinomial probit model. This paper describes a Lagrangian multiplier test that enables the comparison to be carried out without estimating the values of the parameters of a general probit model.

Original language	English (US)
Pages (from-to)	153-163
Number of pages	11
Journal	Transportation Science
Volume	15
Issue number	2
DOIs	https://doi.org/10.1287/trsc.15.2.153
State	Published - Jan 1 1981

ASJC Scopus subject areas

Transportation

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10.1287/trsc.15.2.153

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TESTING THE MULTINOMIAL LOGIT MODEL AGAINST THE MULTINOMIAL PROBIT MODEL WITHOUT ESTIMATING THE PROBIT PARAMETERS.

Abstract

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