Have an idea?

Visit Sawtooth Software Feedback to share your ideas on how we can improve our products.

Is there possibility of Computing HB mixed logit parameters in Sawtooth Software?

My team want our CBC results to be based on mixed logit. But I don't know how to do this in Sawtooth Software analysis manager! Someone having an idea on how to do it in Sawtooth Software and possible suggestion for the interpretation of the results obtained, help me on this please?

asked Dec 8, 2020 by Edwin

1 Answer

0 votes

The hierarchical Bayesian (HB) estimation IS a mixed logit.  Just to back up, there are two ways of doing mixed logit, one using maximum simulated likelihood and one using hierarchical Bayes.  So, we've got you covered.
answered Dec 8, 2020 by Keith Chrzan Platinum Sawtooth Software, Inc. (102,700 points)