Economics, Econometrics and Finance
8 years ago

New study reveals better model for predicting discrete outcomes in research.

The Stata Journal Promoting communications on statistics and Stata
Structural Choice Analysis with Nested Logit Models
Florian Heiß

Paper Summary

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The nested logit model is a useful tool for studying outcomes. There are two main versions, and one (RUMNL) is usually better. A new implementation called nlogitrum is introduced to help with this. Many examples show the differences between the two versions.