I have a choice model in which each individual is
asked about whether he/she is interested in using
various modes of transportation. Each individual
gives a yes or no answer for each of five
transportation types. People can choose more than one
alternative, so a multinomial probit is not
appropriate.
It seems that, because people can choose multiple
alternatives, it's possible to identify coefficients
for both individual and alternative-specific
characteristics using a standard probit model rather
than a multivariate probit. Is this correct?
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