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Mixed Logit with Repeated Choices: Households' Choices of Appliance Efficiency Level
Abstract
Mixed logit models, also called random-parameters or error-components logit, are a generalization of standard logit that do not exhibit the restrictive “independence from irrelevant alternatives” property and explicitly account for correlations in unobserved utility over repeated choices by each customer. Mixed logits are estimated for households' choices of appliances under utility-sponsored programs that offer rebates or loans on high-efficiency appliances.
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Cited by
The Mixed Logit model: The state of practice
Hensher, D. A., & Greene, W. H. (2003) · Transportation · doi:10.1023/a:1022558715350 · Cited by 2,047
Discrete choice experiments in health economics: a review of the literature
de Bekker‐Grob, E. W., Ryan, M., & Gerard, K. (2012) · Health Economics · doi:10.1002/hec.1697 · Cited by 1,329
Barber, B. M., Morse, A., & Yasuda, A. (2021) · Journal of Financial Economics · doi:10.1016/j.jfineco.2020.07.008 · Cited by 728
A note on modeling vehicle accident frequencies with random-parameters count models
Anastasopoulos, P. C., & Mannering, F. L. (2009) · Accident Analysis & Prevention · doi:10.1016/j.aap.2008.10.005 · Cited by 688
Nudging Energy Efficiency Behavior: The Role of Information Labels
Newell, R. G., & Siikamäki, J. (2014) · Journal of the Association of Environmental and Resource Economists · doi:10.1086/679281 · Cited by 256
Metadata
- Authors
- Revelt, D., & Train, K.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press
- Published
- 1998-11
- Volume
- 80
- Issue
- 4
- Pages
- 647-657
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W2003675029
- Cited by
- 2,157
- References
- 0
- FWCI
- 53.35
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Mixed Logit with Repeated Choices: Households' Choices of Appliance Efficiency Level. https://app.cochat.ai/papers/10.1162/003465398557735
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- Revelt, D., & Train, K. (1998). Mixed Logit with Repeated Choices: Households' Choices of Appliance Efficiency Level. Review of Economics and Statistics. https://doi.org/10.1162/003465398557735
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.