Why cant discriminant analysis and traditional multinomial logit models be used to estimate discrete choice models?.

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Why cant discriminant analysis and traditional multinomial logit models be used to estimate discrete choice models?.

April 26, 2017analysis discrete discriminant estimate logit models multinomial traditional Used

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Why cant discriminant analysis and traditional multinomial logit models be used to estimate discrete choice models?.

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score 0 · Answer 1 · 2010-07-21T02:13:44+00:00

A. Such models utilize predictors that are characteristics of the respondents, and cannot accomodate characteristics (attributes) of the choices as predictors. To do the latter requires the conditional logit model, now also known as the multinomial logit model.

Why cant discriminant analysis and traditional multinomial logit models be used to estimate discrete choice models?.

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