A note on the invariance of the distribution of the maximum
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jmateco.2017.10.005
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Jeffrey M. Perloff & Steven C. Salop, 1985.
"Equilibrium with Product Differentiation,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(1), pages 107-120.
- Perloff, Jeffrey M. & Salop, Steven, 1984. "Equilibrium with product differentiation," CUDARE Working Papers 47004, University of California, Berkeley, Department of Agricultural and Resource Economics.
- Perloff, Jeffrey M & Salop, Steven, 1984. "Equilibrium with product differentiation," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt4cq0m6s3, Department of Agricultural & Resource Economics, UC Berkeley.
- de Palma, Andre & Kilani, Karim, 2007.
"Invariance of conditional maximum utility,"
Journal of Economic Theory, Elsevier, vol. 132(1), pages 137-146, January.
- A.de Palma & K. Kilani, 2003. "Invariance of Conditional Maximum Utility," THEMA Working Papers 2003-04, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Mattsson, Lars-Goran & Weibull, Jorgen W., 1981. "Competition and accessibility on a regional labour market," Regional Science and Urban Economics, Elsevier, vol. 11(4), pages 471-497, November.
- Resnick, Sidney I. & Roy, Rishin, 1990. "Leader and maximum independence for a class of discrete choice models," Economics Letters, Elsevier, vol. 33(3), pages 259-263, July.
- Daniel McFadden & Kenneth Train, 2000. "Mixed MNL models for discrete response," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 15(5), pages 447-470.
- Besanko, David & Perry, Martin K & Spady, Richard H, 1990. "The Logit Model of Monopolistic Competition: Brand Diversity," Journal of Industrial Economics, Wiley Blackwell, vol. 38(4), pages 397-415, June.
- Michael Sattinger, 1984. "Value of an Additional Firm in Monopolistic Competition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(2), pages 321-332.
- Mattsson, Lars-Göran & Weibull, Jörgen W. & Lindberg, Per Olov, 2014.
"Extreme values, invariance and choice probabilities,"
Transportation Research Part B: Methodological, Elsevier, vol. 59(C), pages 81-95.
- Per Olov Lindberg & Lars-Göran Mattsson & Jörgen W. Weibull, 2014. "Extreme values, invariance and choice probabilities," Post-Print hal-04302518, HAL.
- Train, Kenneth & Wilson, Wesley W., 2008. "Estimation on stated-preference experiments constructed from revealed-preference choices," Transportation Research Part B: Methodological, Elsevier, vol. 42(3), pages 191-203, March.
- Baye, Michael R. & Hoppe, Heidrun C., 2003. "The strategic equivalence of rent-seeking, innovation, and patent-race games," Games and Economic Behavior, Elsevier, vol. 44(2), pages 217-226, August.
- Jonathan Eaton & Samuel Kortum, 2002. "Technology, Geography, and Trade," Econometrica, Econometric Society, vol. 70(5), pages 1741-1779, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Fosgerau, Mogens & Melo, Emerson & Shum, Matthew & Sørensen, Jesper R.-V., 2021.
"Some remarks on CCP-based estimators of dynamic models,"
Economics Letters, Elsevier, vol. 204(C).
- Mogens Fosgerau & Emerson Melo & Matthew Shum & Jesper R.-V. Sørensen, 2021. "Some Remarks on CCP-based Estimators of Dynamic Models," Discussion Papers 21-03, University of Copenhagen. Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Fosgerau, Mogens & Lindberg, Per Olov & Mattsson, Lars-Göran & Weibull, Jörgen, 2015.
"Invariance of the distribution of the maximum,"
MPRA Paper
63529, University Library of Munich, Germany.
- Fosgerau, Mogens & Lindberg, Per Olov & Mattsson, Lars-Göran & Weibull, Jörgen, 2015. "Invariance of the distribution of the maximum," MPRA Paper 63538, University Library of Munich, Germany.
- Torshizi Mohammad & Fulton Murray E. & Gray Richard S., 2018. "Non-Linear Demand in a Linear Town," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 16(2), pages 1-12, November.
- Mattsson, Lars-Göran & Weibull, Jörgen W. & Lindberg, Per Olov, 2014.
"Extreme values, invariance and choice probabilities,"
Transportation Research Part B: Methodological, Elsevier, vol. 59(C), pages 81-95.
- Per Olov Lindberg & Lars-Göran Mattsson & Jörgen W. Weibull, 2014. "Extreme values, invariance and choice probabilities," Post-Print hal-04302518, HAL.
- Gabaix, Xavier & Laibson, David & Li, Deyuan & Li, Hongyi & Resnick, Sidney & de Vries, Casper G., 2016.
"The impact of competition on prices with numerous firms,"
Journal of Economic Theory, Elsevier, vol. 165(C), pages 1-24.
- Xavier Gabaix & David Laibson & Deyuan Li & Hongyi Li & Sidney Resnick & Casper G. de Vries, 2013. "The Impact of Competition on Prices with Numerous Firms," Working Papers 13-07, Chapman University, Economic Science Institute.
- Jacques-Francois Thisse & Philip Ushchev, 2016. "When Can A Demand System Be Described By A Multinomial Logit With Income Effect?," HSE Working papers WP BRP 139/EC/2016, National Research University Higher School of Economics.
- Hårsman, Björn & Mattsson, Lars-Göran, 2019. "Reconsidering the returns to entrepreneurship: Applying a modified version of Lazear’s occupational choice model," Working Paper Series in Economics and Institutions of Innovation 478, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Fosgerau, Mogens & McFadden, Daniel & Bierlaire, Michel, 2010.
"Choice probability generating functions,"
MPRA Paper
24214, University Library of Munich, Germany.
- Mogens Fosgerau & Daniel L. McFadden & Michel Bierlaire, 2012. "Choice Probability Generating Functions," NBER Working Papers 17970, National Bureau of Economic Research, Inc.
- Murata, Yasusada, 2007. "Taste heterogeneity and the scale of production: Fragmentation, unification, and segmentation," Journal of Urban Economics, Elsevier, vol. 62(1), pages 135-160, July.
- Anderson, Simon P & de Palma, Andre, 1992.
"Multiproduct Firms: A Nested Logit Approach,"
Journal of Industrial Economics, Wiley Blackwell, vol. 40(3), pages 261-276, September.
- Simon P. Anderston & Andre de Palma, 1991. "Multiproduct Firms: A Nested Logit Approach," Discussion Papers 973, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Marco A. Haan & José L. Moraga‐González, 2011.
"Advertising for Attention in a Consumer Search Model,"
Economic Journal, Royal Economic Society, vol. 121(552), pages 552-579, May.
- Marco A. Haan & Jose Luis Moraga-Gonzalez, 2009. "Advertising for Attention in a Consumer Search Model," Tinbergen Institute Discussion Papers 09-031/1, Tinbergen Institute.
- Haan, Marco A. & Moraga-Gonzalez, Jose L., 2009. "Advertising for attention in a consumer search model," IESE Research Papers D/794, IESE Business School.
- Margaret Aksoy-Pierson & Gad Allon & Awi Federgruen, 2013. "Price Competition Under Mixed Multinomial Logit Demand Functions," Management Science, INFORMS, vol. 59(8), pages 1817-1835, August.
- Tinessa, Fiore & Marzano, Vittorio & Papola, Andrea, 2020. "Mixing distributions of tastes with a Combination of Nested Logit (CoNL) kernel: Formulation and performance analysis," Transportation Research Part B: Methodological, Elsevier, vol. 141(C), pages 1-23.
- Ushchev, Philip & Zenou, Yves, 2018.
"Price competition in product variety networks,"
Games and Economic Behavior, Elsevier, vol. 110(C), pages 226-247.
- Zenou, Yves & Ushchev, Philip, 2015. "Price Competition in Product Variety Networks," CEPR Discussion Papers 10862, C.E.P.R. Discussion Papers.
- Ushchev, Philip & Zenou, Yves, 2016. "Price Competition in Product Variety Networks," ETA: Economic Theory and Applications 244535, Fondazione Eni Enrico Mattei (FEEM).
- Philip Ushchev & Yves Zenou, 2016. "Price Competition in Product Variety Networks," Working Papers 2016.59, Fondazione Eni Enrico Mattei.
- Li, Dawei & Feng, Siqi & Song, Yuchen & Lai, Xinjun & Bekhor, Shlomo, 2023. "Asymmetric closed-form route choice models: Formulations and comparative applications," Transportation Research Part A: Policy and Practice, Elsevier, vol. 171(C).
- Verboven, F.L., 1994.
"International price discrimination in the European car market : An econometric model of oligopoly behavior with product differentiation,"
Other publications TiSEM
7686c65c-87d5-4b2c-b1d7-f, Tilburg University, School of Economics and Management.
- Verboven, F.L., 1994. "International price discrimination in the European car market : An econometric model of oligopoly behavior with product differentiation," Discussion Paper 1994-51, Tilburg University, Center for Economic Research.
- repec:ebl:ecbull:v:12:y:2008:i:15:p:1-10 is not listed on IDEAS
- Haghani, Milad & Sarvi, Majid, 2018. "Hypothetical bias and decision-rule effect in modelling discrete directional choices," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 361-388.
- Simon P. Anderson & Andre de Palma, 1989. "The Logit as a Model of Product Differentiation: Further Results and Extensions," Discussion Papers 913, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Tinessa, Fiore, 2021. "Closed-form random utility models with mixture distributions of random utilities: Exploring finite mixtures of qGEV models," Transportation Research Part B: Methodological, Elsevier, vol. 146(C), pages 262-288.
- Raymond Deneckere & Michael Rothschild, 1986. "Monopolistic Competition and Preference Diversity," Discussion Papers 684, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995.
"Automobile Prices in Market Equilibrium,"
Econometrica, Econometric Society, vol. 63(4), pages 841-890, July.
- Steven Berry & James Levinsohn & Ariel Pakes, 1993. "Automobile Prices in Market Equilibrium: Part I and II," NBER Working Papers 4264, National Bureau of Economic Research, Inc.
More about this item
Keywords
Discrete choice; Random utility; Extreme value; Leader-maximum; Invariance;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:mateco:v:74:y:2018:i:c:p:56-61. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jmateco .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.