Using Nested Logit Model in the Study of Proxy Contest

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DOI: 10.4236/jmf.2019.92011    663 Downloads   1,797 Views  

ABSTRACT

The nested logit model has been extensively used in studies focused on transportation. This model is based on a choice modeling framework and is also applicable to the study of a proxy contest. In this study, we illustrate how the nested logit model can be effectively used to evaluate a case of a proxy contest. We also present the specific model that can be used to predict the possibility of the occurrence of proxy contests.

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Foley, M. , Hu, C. , Rossi, F. and Cebula, R. (2019) Using Nested Logit Model in the Study of Proxy Contest. Journal of Mathematical Finance, 9, 202-227. doi: 10.4236/jmf.2019.92011.

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