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Red bus/Blue bus paradoxExplores the Red bus/Blue bus paradox, nested logit models, and multivariate extreme value models in transportation.
The Nested Logit ModelExplores the nested logit model for discrete choice and its implications on choice behavior and parameter estimation.
MLE Applications: Binary Choice ModelsExplores the application of Maximum Likelihood Estimation in binary choice models, covering probit and logit models, latent variable representation, and specification tests.
Discrete Choice AnalysisIntroduces Discrete Choice Analysis, covering scale, depth, data collection, and statistical inference.
Binary Choice ModelCovers the binary choice model, error term assumptions, specific constants, invariances, and distribution properties.
Derivation of the logit modelExplains the derivation of the logit model in choice models, covering error terms, choice sets, and availability conditions.
Mixtures: introductionIntroduces mixtures, covers discrete and continuous mixtures, explores examples, and discusses combining probit and logit models.
Derivation of the logit modelDelves into the logit model's derivation, emphasizing the importance of the independence assumption and parameter normalization during estimation.