Discrete Choice Methods with Simulation

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Discrete Choice Methods with Simulation
Kenneth E. Train
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Last edited by ImportBot
September 17, 2024 | History

Discrete Choice Methods with Simulation

  • 1 Want to read

This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum simulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. No other book incorporates all these fields, which have arisen in the past 20 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.

Publish Date
Language
English
Pages
344

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Edition Availability
Cover of: Discrete Choice Methods with Simulation
Discrete Choice Methods with Simulation
2012, Cambridge University Press
in English
Cover of: Discrete Choice Methods with Simulation
Discrete Choice Methods with Simulation
2010, Cambridge University Press
in English
Cover of: Discrete Choice Methods with Simulation
Discrete Choice Methods with Simulation
2009, Cambridge University Press
in English
Cover of: Discrete Choice Methods with Simulation
Discrete Choice Methods with Simulation
2009, Cambridge University Press
in English
Cover of: Discrete Choice Methods with Simulation
Discrete Choice Methods with Simulation
2009, Cambridge University Press
E-book in English
Cover of: Discrete Choice Methods with Simulation
Discrete Choice Methods with Simulation
2003, Cambridge University Press
in English
Cover of: Discrete Choice Methods with Simulation
Discrete Choice Methods with Simulation
January 13, 2003, Cambridge University Press
Paperback in English
Cover of: Discrete Choice Methods with Simulation
Discrete Choice Methods with Simulation
January 13, 2003, Cambridge University Press
Hardcover in English
Cover of: Discrete Choice Methods with Simulation
Discrete Choice Methods with Simulation
2003, Cambridge University Press
eBook in English

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Book Details


Classifications

Library of Congress
HD30.23.T725 2003

The Physical Object

Format
eBook
Number of pages
344

Edition Identifiers

Open Library
OL24297535M
ISBN 10
0511075235
OverDrive
0A1F3C72-0E3C-41A1-BE48-E2F9FEE84E39

Work Identifiers

Work ID
OL8305738W

Work Description

This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. This second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.

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Download catalog record: RDF / JSON / OPDS | Wikipedia citation
September 17, 2024 Edited by ImportBot import existing book
November 19, 2022 Edited by ImportBot import existing book
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November 18, 2022 Edited by ImportBot import existing book
June 23, 2010 Created by ImportBot Imported from marc_overdrive MARC record