2 papers
econ.EM2026
Statistical significance in choice modelling: computation, usage and reporting
Stephane Hess, Andrew Daly, Michiel Bliemer +3
This paper offers a commentary on the use of notions of statistical significance in choice modelling. We review the reasons for uncertainty in parameter estimates, provide a precis…
econ.EM2025
Get me out of this hole: a profile likelihood approach to identifying and avoiding inferior local optima in choice models
Stephane Hess, David Bunch, Andrew Daly
Choice modellers routinely acknowledge the risk of convergence to inferior local optima when using structures other than a simple linear-in-parameters logit model. At the same time…