Solved

What Is the Difference Between Multinomial Logit and Conditional Logit

Question 18

Multiple Choice

What is the difference between multinomial logit and conditional logit?


A) conditional logit allows for variables to vary by individual and choice while multinomial logit only allows them to vary by individual
B) multinomial logit allow for 3+ choices,conditional logit only accommodates 2
C) multinomial logit is estimated with least squares,conditional logit by maximum likelihood
D) multinomial logit has different coefficients for each choice equation,conditional logit has equal coefficients across choice equations on common variables

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents