A Generalizable Formulation of Conditional Logit with Diagnostics
条件 Logit 的可推广表述与诊断方法
The conditional logit model is a multinomial logit model that permits the inclusion of choice-specific attributes. This article shows that the conditional logit model will maximize entropy given a set of attribute-value preserving constraints. A correspondence between the maximum entropy (ME) and maximum likelihood (ML) estimates for logit probabilities is established. Some easily computable and useful diagnostics for logit analysis are provided, and it is shown that an…