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Modeling the Choice of Residential Location

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tives by Luce, is that the relative odds for any two al­ ternatives are independent of the attributes, or even the availability, of any other alternative. This prop­ erty is extremely useful in simplifying econometric esti­ mation and forecasting (7) but can be shown to be im-. plausible for choice probi.ems where it is unreasonable

  Modeling, Residential, Locations, Choice, Modeling the choice of residential location

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