In this paper, we study the estimation of preferences under a multinomial logit (MNL) model of demand when customers arrive over time in accordance to a non-homogeneous Poisson process. This model has ...

The conditional logit model is a multinomial logit model that permits the inclusion of choice-specific attributes. This article shows that the conditional logit model will maximize entropy given a set ...

The multinomial distribution is a type of probability distribution used in finance to determine the likelihood of a certain set of outcomes.