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Use of logit versus logistic regression in CBC
What are the pros/cons of using logit versus logistic regression in choice-based conjoint studies?
cbc-logit
asked
Sep 2, 2016
by
anonymous
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1 Answer
0
votes
Logit is just logistic regression.
answered
Sep 2, 2016
by
Keith Chrzan
Platinum
(
60,075
points)
edited
Sep 2, 2016
by
Walter Williams
Hi Keith:
Perhaps I should be more specific. We're trying to decide between
A logistic model: prob{selection} = (1+exp{-L})-1 , where L=Utility
A multinomial logit model: Prob{selection} = exp{-L} / Sum(all possible Exp{L(i) outcomes}, where M, W, etc. are part-worths
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...

Perhaps I should be more specific. We're trying to decide between

A logistic model: prob{selection} = (1+exp{-L})-1 , where L=Utility

A multinomial logit model: Prob{selection} = exp{-L} / Sum(all possible Exp{L(i) outcomes}, where M, W, etc. are part-worths