Abstract

ABSTRACTSpatial data sets pose challenges for discrete choice models because the data are unlikely to be independently and identically distributed. A conditionally parametric spatial probit model is amenable to very large data sets while imposing far less structure on the data than conventional parametric models. We illustrate the approach using data on 474,170 individual lots in the City of Chicago. The results suggest that simple functional forms are not appropriate for explaining the spatial variation in residential land use across the entire city.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.