Abstract
A nested multinomial logit (MNL) model is used to estimate the joint choice of moving and housing selection. The coefficients are derived from a sequential application of the standard MNL model using maximum likelihood. The choice of the dwelling type is followed by choice of neighborhood and finally by the choice of moving or staying. The models are estimated for three household categories and nine neighborhoods with data from the Rand Corporation Housing Allowance Supply Experiment. The dwelling-type choice model fits reasonably well and shows the expected significant impact of space on dwelling choice. The neighborhood choice model has smaller coefficients and is less successful. The alternative specific constants play a much larger role in determining the choice probabilities for neighborhoods. The final model of mobility choice exhibits a good fit for all the household categories. The results provide overall support for the sequential modelling approach outlined in this paper.
Sign-in/Register to access full text options 
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 callDisclaimer: 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.
