On a conjecture by Ben-Akiva and Lerman about the nested logit model
We prove a conjecture of Ben-Akiva and Lerman (1985) regarding the random utility representation of the nested logit model, using a result of Pollard (1948).
READ FULL TEXTWe prove a conjecture of Ben-Akiva and Lerman (1985) regarding the random utility representation of the nested logit model, using a result of Pollard (1948).
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