All Questions
1 question
1
vote
0
answers
171
views
What is the meaning of McFaddens Axiom: Irrelevance of Alternative Set Effect?
On page 110 of McFadden,1973 - Conditional logit analysis of Qualitative Choice Behavior, Frontiers in Economics, ed Zarembka, New York: Academic Press, pp. 105-142 the following three Axioms are ...
- 1,113