SLIDE 15 METHODOLOGY
15
Model specification Likelihood function given by: with Integrated choice and latent variable model Integrated choice and latent class model
∏
=
=
N n in n in
X I y f L
1
) , , , ; | , (
ω
σ λ β α
∫
⋅ ⋅ =
*
* * * *
) , ; | ( ) ; , | ( ) ; , | ( ) , , , ; | , (
n in
X n n n n in n y n in in in n in
dX X X f X X I f X X y P X I y f
ω ω
σ λ α β σ λ β α
= =
max if 1
jn j in in
U U y
in
y S s n in n in in in n in
X s P s X I P s X y P X I y P ⋅ ⋅ = ∑
∈
) , ; | ( ) ; , | ( ) ; , | ( ) , , , ; | , (
ω ω
σ λ α β σ λ β α
Few examples that incorporate socio-economic information into the measurement model