Efficient Estimation of Nested Logit models
嵌套 Logit 模型的有效估计
This article examines the sequential, full information maximum likelihood (FIML), and linearized maximum likelihood (LML) estimators for a nested logit model of time-of-day choice for work trips. These estimators are compared using a Monte Carlo study based on specification and data from a previously published empirical study. The sequential estimator is found to be much less efficient than LML or FIML, and its uncorrected second-stage standard-error estimates are strongly…