Relevance of dynamic variables in multicategory choice models

URN to cite this document:: urn:nbn:de:bvb:355-epub-528688
DOI to cite this document:: 10.5283/epub.52868

Hruschka, Harald

License: Creative Commons Attribution 4.0
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Date of publication of this fulltext: 22 Sep 2022 04:47

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Abstract

We investigate the relevance of dynamic variables that reflect the purchase history of a household as independent variables in multicategory choice models. To this end, we estimate both homogeneous and finite mixture variants of the multivariate logit model. We consider two types of dynamic variables. Variables of the first type, which previous publications on multicategory choice models have ...