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Using Nested Logit Model in the Study of Proxy Contest

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Document pages: 26 pages

Abstract: The nested logit model has been extensively used in studies focused on transportation. This model is based on a choice modeling framework and is also applicable to the study of a proxy contest. In this study, we illustrate how the nested logit model can be effectively used to evaluate a case of a proxy contest. We also present the specific model that can be used to predict the possibility of the occurrence of proxy contests.

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