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Testing the Accuracy, Usefulness, and Significance of Probabilistic Choice Models: An Information-Theoretic Approach

John R. Hauser
Operations Research
Vol. 26, No. 3 (May - Jun., 1978), pp. 406-421
Published by: INFORMS
Stable URL: http://www.jstor.org/stable/169752
Page Count: 16
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Testing the Accuracy, Usefulness, and Significance of Probabilistic Choice Models: An Information-Theoretic Approach
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Abstract

Disaggregate demand models predict the choice behavior of individual consumers. But while such models predict choice probabilities (0

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