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mle
2007 Jul 19
0
Estimating mixed logit using Maximum simulated likelihood
Hell all.
I¡¯m trying to estimate mixed logit model using MSLE.
In order to see that mixed logit model works better than simple logit model ( the logit model with fixed coefficient)
I simulated a dataset with random coefficients and tried to fit the data with both mixed logit and simple logit model.
Because my mixed logit model contains analytically i...