Non-Linear Mixed Logit

Steffen Andersen; Glenn W. Harrison; Arne Risa Hole; Morten Lau; E. Elisabet Rutström

doi:10.1007/s11238-011-9277-0

Non-Linear Mixed Logit

Steffen Andersen, Glenn W. Harrison, Arne Risa Hole, Morten Lau, E. Elisabet Rutström

Økonomisk Institut

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

Abstrakt

We develop an extension of the familiar linear mixed logit model to allow for the direct estimation of parametric non-linear functions defined over structural parameters. Classic applications include the estimation of coefficients of utility functions to characterize risk attitudes and discounting functions to characterize impatience. There are several unexpected benefits of this extension, apart from the ability to directly estimate structural parameters of theoretical interest.

Originalsprog	Engelsk
Tidsskrift	Theory and Decision
Vol/bind	73
Udgave nummer	1
Sider (fra-til)	77-96
Antal sider	20
ISSN	0040-5833
DOI	https://doi.org/10.1007/s11238-011-9277-0
Status	Udgivet - jul. 2012

Bibliografisk note

Published online: 14 July 2011

Adgang til dokumentet

10.1007/s11238-011-9277-0

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Citationsformater

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AU - Harrison, Glenn W.

AU - Hole, Arne Risa

AU - Lau, Morten

AU - Rutström, E. Elisabet

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KW - Mixed Logit

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