Resource title

Non-Linear Mixed Logit

Resource image

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Resource description

We develop an extension of the familiar linear mixed logit model to allowfor the direct estimation of parametric non-linear functions defined over structuralparameters. A classic application is the estimation of coefficients of utility functionsto characterize risk attitudes. There are several unexpected benefits of this extension,apart from the ability to directly estimate structural parameters of theoretical interest.

Resource author

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

Resource publisher

Resource publish date

Resource language

eng

Resource content type

application/pdf

Resource resource URL

http://hdl.handle.net/10398/8171

Resource license

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