Specification and estimation of the nested logit model: alternative normalisations

By David A. Hensher, William H. Greene. 2002

216 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Transportation

View Paper: https://www.semanticscholar.org/paper/fd337427dfa56fce82a81afd1b8f370d25290617

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Citations in the corpus

Comparing Willingness to Pay for Organic, Natural, Locally Grown, and State Marketing Program Promoted Foods in the Mid-Atlantic Region (2011, methodology): “According to research conducted by the Nielsen Company (2009), food products designated as “natural” experienced a 37 percent increase in sales from 2004 to 2008.”
A joint model for mode choice and escort decisions of school trips (2015, background): “In a two level NL, the IV parameters should be positive and less than one (Hensher and Greene 2002).”
Residential Self Selection and Rail Commuting: A Nested Logit Analysis (2002, background): “Last, fairly recent travel data were available from the Bay Area that supplied sufficient numbers of cases and suitable variables to support the analyses.”
Finding the Right Partners: Institutional and personal modes of governance of university-industry interactions (2013, methodology): “…like to be large and to invest highly in innovation 7 An alternative modelling strategy could be the nested logit model that is used to account for similarities between pairs of alternatives which are similar in unobserved factors (Brownstone and Small, 1989; Heiss, 2002; Hensher and Greene, 2002).”
What determines the location choice of R&D activities by multinational firms? (2013, background): “The choice of possible nested structures is multiple and there is no systematic way to identify a best structure amongst all possible nests (Greene and Hensher 2002).”
Willingness-to-pay for infrastructure investments for alternative fuel vehicles (2013, background): “…to alternative ; is a vector of observable variables that are related to nest ; is the scale parameter of nest (IV parameter below); and all the scale parameters of alternative levels are standardized as one (Ben-Akiva and Lerman, 1985; Louviere et al., 2000; Hensher and Greene, 2002; Train, 2003).”
Efficient stated choice experiments for estimating nested logit models (2009, methodology): “Multiplying this IV variable with the IV parameter (that is, the branch scale parameter) yields this combined observed utility for branch m (see Ben-Akiva and Lerman, 1985; Hensher and Greene, 2002; Carrasco and Ortúzar, 2002):”
Domestic tourism destination choices — a choice modelling analysis (2003, methodology): “As shown in equation (5), the inverse of mb is used as a scale parameter to normalise the utilities of each choice alternative within a particular branch (see Koppelman and Wen, 1998; Hensher and Greene, 2002).”
Empirical Studies in Industrial Location: An Assessment of Their Methods and Results (2009, unknown): “…Logit Model, it is assumed that the alternatives can be partitioned into Ds nonoverlapping subsets or nests (s = 1, … , S), ∈ = s Dsj s nj G s λ π λ exp and ∈ ∈ = − − s Dsj s nj s Dsj s nj s s nj njP λ π λ π λ π λλ expexp 1 1 exp , with 0≤λs≤1 being a scale parameter (Hensher and Greene 2002).”
Transit-Oriented Development's Ridership Bonus: A Product of Self-Selection and Public Policies (2006, background): “Also referred to as a c̀oefficient of (dis)similarity', y values close to one are suggestive of strong unobserved similarities between residential location and commute choice whereas lower values reveal weak similarities (Hensher and Greene, 2002).”
Income Segregation and Local Progressive Taxation: Empirical Evidence from Switzerland (2006, background): “See Hensher and Greene (2002) for a critical discussion.”