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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Journal of Choice Mo...arrow_drop_down
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
Journal of Choice Modelling
Article . 2016 . Peer-reviewed
License: Elsevier TDM
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Mixed logit with a flexible mixing distribution

Authors: Kenneth Train;

Mixed logit with a flexible mixing distribution

Abstract

Abstract This paper presents a flexible procedure for representing the distribution of random parameters in mixed logit models. A logit formula is specified for the mixing distribution, in addition to its use for the choice probabilities. The properties of logit assure positivity and provide the normalizing constant for the mixing distribution. Any mixing distribution can be approximated to any degree of accuracy by this specification. The researcher defines variables to describe the shape of the mixing distribution, using flexible forms such as polynomials, splines, and step functions. The gradient of the log-likelihood is easy to calculate, which facilitates estimation. The procedure is illustrated with data on consumers' choice among video streaming services.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
110
Top 1%
Top 10%
Top 10%
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