Explores the Red bus/Blue bus paradox, nested logit models, and multivariate extreme value models in transportation.
Explains the derivation of the logit model in choice models, covering error terms, choice sets, and availability conditions.
Explores the application of Maximum Likelihood Estimation in binary choice models, covering probit and logit models, latent variable representation, and specification tests.
Covers the binary choice model, error term assumptions, specific constants, invariances, and distribution properties.
Introduces mixtures, covers discrete and continuous mixtures, explores examples, and discusses combining probit and logit models.
