Fast estimation of multinomial (MNL) and mixed logit (MXL) models in R with "Preference" space or "Willingness-to-pay" (WTP) space utility parameterizations in R
Right now, simulateShares() takes a data frame defining a single choice scenario for which to predict shares, but it could pretty easily be extended to take a data frame defining multiple sets of alternatives. That could make it much easier for users to predict a variety of scenarios all at once without needing to run a loop.
Right now,
simulateShares()takes a data frame defining a single choice scenario for which to predict shares, but it could pretty easily be extended to take a data frame defining multiple sets of alternatives. That could make it much easier for users to predict a variety of scenarios all at once without needing to run a loop.