NLOGIT Version 3.0 is an extension of LIMDEP that, in addition to all features of LIMDEP, provides programs for estimation, model simulation and analysis of multinomial choice data, such as brand choice, transportation mode, and all manner of survey and market data in which consumers choose among a set of competing alternatives.
NLOGIT has become the standard package for estimation and simulation of multinomial discrete choice models. Version 3.0 is a full information maximum likelihood estimator for, among other models, up to four level nested logit models. Many other formulations are included in NLOGIT, including random parameters (mixed logit), latent class, multinomial probit, many forms of the nested logit model, and several new formulations for panel data. NLOGIT 3.0 is a superset of LIMDEP and includes all the features and capabilities of LIMDEP 8.0 plus NLOGIT’s FIML estimation programs. NLOGIT is the only large package for discrete choice analysis that contains the full set of features of an integrated econometrics program.