A Monte Carlo Study of Tests for the Independence of Irrelevant Alternatives Property

A plethora of tests for the Independence of Irrelevant Alternatives (HA) property of Logit models of discrete choice behavior has been proposed in the literature. These tests are based upon asymptotic arguments and little is known about their size and power properties in finite samples. This paper u...

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Bibliographic Details
Main Authors: Fry, T.R.L., Harris, Mark
Format: Journal Article
Language:English
Published: Elsevier Ltd 1996
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/81820