Bierlaire, M.

Recent developments in discrete choice modeling: properties of the Multivariate Extreme Value models and their impact on applications

Speaker: Bierlaire Michel

Lunch Seminar in Energy, Environmental and Resource Economics, Centre for Energy Policy and Economics, ETHZ

May 08, 2009

Since McFadden's seminal paper in 1978, Multivariate (aka Generalized) Extreme Value models have generated a great deal of interest in the discrete choice models community, both on the theoretical and the empirical side. In this lecture, we review some recent properties that we have identified, and discuss their potential impacts on applications.