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Showing 1 to 1 of 1 for “"Generalized conditional logit model"”.

  1. Analysis off Dependent Discrete Choices Using Gaussian Copula

    … product choices of consumers is the well-known conditional logit discrete choice model. Originally publicized by McFadden (1974), this model assumes that the random components of the underlying latent utility functions of the consumers follow independent Gumbel distributions. However, in …

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