Abstract: Traditional nested logit model assumes that the consumers are complete rationality when predicting the choice of consumer behavior. But in actual, consumers are often limited rationality.
I’m estimating a nested logit demand model with a supply-side using about 460,000 observations, but the parameter estimation is very slow. Is it due to the large sample size, or might there be other ...
The document presents an innovative analysis of ethanol demand, emphasizing the significant role of spatially differentiated fuel retailers in shaping consumer preferences and fuel-switching behavior.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results