Choice probability generating functions

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This paper considers discrete choice, with choice probabilities coming from maximization of preferences from a random utility field perturbed by additive location shifters (ARUM). Any ARUM can be characterized by a choice-probability generating function (CPGF) whose gradient gives the choice probabilities, and every CPGF is consistent with an ARUM. We relate CPGF to multivariate extreme value distributions, and review and extend methods for constructing CPGF for applications. The choice probabilities of any ARUM may be approximated by a cross-nested logit model. The results for ARUM are extended to competing risk survival models.

Original languageEnglish
JournalJournal of Choice Modelling
Volume8
Pages (from-to)1-18
Number of pages18
ISSN1755-5345
DOIs
Publication statusPublished - 2013

    Research areas

  • Additive random utility, Choice probability generating functions, Discrete choice

ID: 181872088