A Finite Mixture Logit Model to Segment and Predict Electronic Payments System Adoption

2011 ◽  
Vol 22 (1) ◽  
pp. 118-133 ◽  
Author(s):  
Ravi Bapna ◽  
Paulo Goes ◽  
Kwok Kee Wei ◽  
Zhongju Zhang
2002 ◽  
Vol 84 (4) ◽  
pp. 1066-1075 ◽  
Author(s):  
Bill Provencher ◽  
Kenneth A. Baerenklau ◽  
Richard C. Bishop

2016 ◽  
Vol 41 (1) ◽  
Author(s):  
Sylvia Frühwirth-Schnatter ◽  
Rudolf Frühwirth

The multinomial logit model (MNL) possesses a latent variable representation in terms of random variables following a multivariate logistic distribution. Based on multivariate finite mixture approximations of the multivariate logistic distribution, various data-augmented Metropolis-Hastings algorithms are developed for a Bayesian inference of the MNL model.


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