Publication: Estimating multinomial logit models with endogenous variables: Control function versus two adapted approaches
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16 p.
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Abstract
It is shown that the control function (CF) method’s estimates of the modal constants in a multinomial logit model (MNL) with endogenous explanatory variables are biased. This has not previously been r...
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Louis de Grange, Felipe González, Matthieu Marechal, Rodrigo Troncoso, Estimating multinomial logit models with endogenous variables: Control function versus two adapted approaches, Transportation Research Part A: Policy and Practice, Volume 183, 2024, 104068, ISSN 0965-8564, https://doi.org/10.1016/j.tra.2024.104068
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