On the Class of Attitudinal Discrete Choice Models

04/03/2016

On the Class of Attitudinal Discrete Choice Models

Manish Aggarwal

Working Papers

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The complex human attitudinal character plays an important role in the real world decision
making. To this end, we present a family of extended probabilistic discrete choice models. The
attitude-based variants of multinomial logit, probit, nested, and mixed multinomial models are
presented. The proposed models are further empowered through their generalization leading to a
host of exponential attitudinal discrete choice models. It is shown that the existing models are
the special cases of the proposed models that allow to generate a very wide range of choice
probabilities in accordance with the adjustable parameter(s). The usefulness of the proposed
models in modelling a decision-maker's decision model is shown in a sequel paper.

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