Some aspects of random utility, extreme value theory and multinomial logit models
Journal article, Peer reviewed
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Original versionStochastics: An International Journal of Probability and Stochastic Processes 2012, 84(2-3):425-435 10.1080/17442508.2011.619660
In this paper we give a survey on some basic ideas related to random utility, extreme value theory and multinomial logit models. These ideas are well known within the eld of spatial economics, but do not appear to be common knowledge to researchers in probability theory. The purpose of the paper is to try to bridge this gap.
This is author's version of the article, pre-print.