Title of article :
Generalized extreme value model and additively separable generator function
Author/Authors :
Choi، نويسنده , , Ki-Hong and Moon، نويسنده , , Choon-Geol Moon، نويسنده ,
Issue Information :
دوفصلنامه با شماره پیاپی سال 1997
Abstract :
We present the distribution of the maximum random utility in the GEV model and that of the maximum random utilities within the separable subsets in the GEV model with an additively separable generator function. We then formulate the inclusive value of the entire choice set in the GEV model and that of a separable subset of alternatives in the GEV model with an additively separable generator function and relate them to the consumerʹs surplus.
Keywords :
Inclusive value , Generalized extreme value model , Nested multinomial logit model , Expected maximum utility , Consumerיs surplus
Journal title :
Journal of Econometrics
Journal title :
Journal of Econometrics