A microeconomic interpretation of the maximum entropy estimator of multinomial logit models and its equivalence to the maximum likelihood estimator

DOI10.3390/E12102077zbMath1229.62154OpenAlexW1968204019MaRDI QIDQ657492

Pedro Donoso, Louis de Grange

Publication date: 9 January 2012

Published in: Entropy (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3390/e12102077

zbMATH Keywords

dualitymaximum entropymaximum likelihoodlogit multinomial

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Point estimation (62F10) Generalized linear models (logistic models) (62J12) Statistical aspects of information-theoretic topics (62B10)

Related Items (4)

An improved Stirling approximation for trip distribution models ⋮ A maximum entropy fixed-point route choice model for route correlation ⋮ A logit model with endogenous explanatory variables and network externalities ⋮ A maximum entropy estimator for the aggregate hierarchical logit model

Cites Work

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• Information and entropy econometrics -- editor's view.
• Information indices: Unification and applications.
• Formulation and Estimation of Combined Network Equilibrium Models with Applications to Stockholm
• Network Equilibrium Models with Combined Modes
• Information Theoretic Approaches to Inference in Moment Condition Models
• Linearly-Constrained Entropy Maximization Problem with Quadratic Cost and Its Applications to Transportation Planning Problems

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