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- W2504512385 abstract "Discrete choice models are a tool which is shared by a large variety of scientific areas, and for this reason, different specifications have been developed. Of all these specifications, the so-called multinomial logit model (McFadden, 1974) is the one that has been used most to analyze situations in which there are multiple choice alternatives, specifically in retail studies (Arentze y Timmermans, 2001). The multinomial logit model has a strong theoretical base and is also easy to apply. However, a potential limitation of the studies that use this specification is the fact that consumer heterogeneity is not taken into account (Severin, Louviere and Finn, 2001). In this paper we present the results of a random effects model. The distribution of the heterogeneity is assumed to be unknown, and it is approximated through a piecewise constant function, as was proposed originally in Heckman and Singer (1984)." @default.
- W2504512385 created "2016-08-23" @default.
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- W2504512385 date "2002-01-01" @default.
- W2504512385 modified "2023-10-18" @default.
- W2504512385 title "Unobserved Heterogeneity in Store Choice Models" @default.
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- W2504512385 doi "https://doi.org/10.1007/978-3-642-57489-4_95" @default.
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