Modelling the Choice of Residential Location

Summary

The problem of translating the theory of economic choice behavior into concrete models suitable for analyzing housing location and methods for controlling the size of data collection and estimation tasks by sampling alternatives from the full set of alternatives are discussed.

Keywords

Multinomial logistic regression, Choice set, Independence of irrelevant alternatives, Independence (probability theory), Discrete choice

References

LOCATION, HOUSING, AUTOMOBILE OWNERSHIP, AND MODE TO WORK: A JOINT CHOICE MODELSteven R. Lerman — 1976
Housing Demand in the Short Run: An Analysis of Polytomous ChoiceJohn M. Quigley — 1976
Diagnostic tests for the independence from irrelevant alternatives property of the multinomial logit modelDaniel McFadden, William B. Tye, Kenneth Train — 1976
Univariate and Multivariate Log-Linear and Logistic ModelsMarc Nerlove, S. James Press — 1973
Quantal Choice Analysis: A SurveyDaniel McFadden — 1976
Conditional logit analysis of qualitative choice behaviorDaniel McFadden — 1972
On the Formation of Travel Demand Models and Economic Evaluation Measures of User BenefitHuw C.W.L. Williams — 1977
URBAN TRAVEL DEMAND - A BEHAVIORAL ANALYSISMarc Gaudry, Thomas A. Domencich, Daniel McFadden — 1977
Individual Choice BehaviorJ. Pfanzagl, R. Duncan Luce — 1959
Disaggregate Travel and Mobility-Choice Models and Measures of AccessibilityM. Ben-Akiva, S. Lerman

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