American Journal of Agricultural Economics, Vol. 85, No. 1 (Feb., 2003), pp. 248-253 (6 pages) Substantive income effects are incorporated in a logit or nested-logit model by assuming that utility is ...

This study provides a Bayesian investigation of rank-ordered multinominal logit models employing conjugate priors for standard multinomial logit models as well as other priors. Also considered is a ...