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The STUDIA UNIVERSITATIS BABEŞ-BOLYAI issue article summary The summary of the selected article appears at the bottom of the page. In order to get back to the contents of the issue this article belongs to you have to access the link from the title. In order to see all the articles of the archive which have as author/co-author one of the authors mentioned below, you have to access the link from the author's name. |
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STUDIA OECONOMICA - Issue no. 2 / 2006 | |||||||
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EMERGENT AUTO MARKET BEHAVIOR. ESTIMATING A NESTED LOGIT MODEL / LE COMPORTEMENT D’UN MARCHE AUTOMOBILE EMERGENT. ESTIMATION PAR UN MODELE NESTED LOGIT. Authors: . |
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Abstract: The discrete choice models have been used in the last decade in order to study the American and French car markets. Because of there structure, which allows the probability to take an explicit form, the Logit models were preferred to the Probit ones which present major estimation problems. We propose a study of the Romanian car market, by showing that its behavior is different from that of the maturity markets, which will be put in evidence by an original specification of the tree structure of the Nested Logit model, using a hierarchical classification. Keywords: Nested Logit, car market, oligopoly |
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