A Generalized Continuous-Multinomial Response Model with a t-distributed Error Kernel
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DOI: 10.1016/j.trb.2019.12.007
Abstract: In multinomial response models, idiosyncratic variations in the indirect utility are generally modeled using Gumbel or normal distributions. This study makes a strong case to substitute these thin-tailed distributions with a t-distribution. First, we demonstrate… read more here.
Keywords: distributed error; multinomial response; model; error kernel ... See more keywords