ICLV simultaneous estimation with random parameters
Posted: 08 Oct 2025, 11:26
Can Apollo perform simultaneous estimation of an ICLV model with a mixed logit for the following utility?
V = beta_time*time + beta_cost*cost + beta_LV1*LV1 + beta_LV2*LV2
as beta_time or beta_cost is random (normal or log-normal).
I found Apollo supports simultaneous ICLV with MNL, but some literature said simultaneous estimation was limited to MNL.
Is it now possible in Apollo to estimate this ICLV with mixed logit (random parameters) simultaneously?
Thanks!
V = beta_time*time + beta_cost*cost + beta_LV1*LV1 + beta_LV2*LV2
as beta_time or beta_cost is random (normal or log-normal).
I found Apollo supports simultaneous ICLV with MNL, but some literature said simultaneous estimation was limited to MNL.
Is it now possible in Apollo to estimate this ICLV with mixed logit (random parameters) simultaneously?
Thanks!