Recently the nested multinomial logit (NMNL) model has been proposed to remedy the "independence of irrelevant alternatives" (IIA) property of the classical multinomial logit (MNL) model. The author ...

The multinomial logit model with random effects is often used in modeling correlated nominal polytomous data. Given that there is no standard software of fitting it, we advocate using either a Poisson ...

Estimation of demand is at the heart of many recent studies that examine questions of market power, mergers, innovation, and valuation of new brands in differentiated-products markets. This paper ...