Modeling Ordered Choices: A Primer - Hardcover

Greene, William H.; Hensher, David A.

Hardcover

ISBN 10: 0521194202 ISBN 13: 9780521194204

Publisher: Cambridge University Press, 2010

Synopsis

It is increasingly common for analysts to seek out the opinions of individuals and organizations using attitudinal scales such as degree of satisfaction or importance attached to an issue. Examples include levels of obesity, seriousness of a health condition, attitudes towards service levels, opinions on products, voting intentions, and the degree of clarity of contracts. Ordered choice models provide a relevant methodology for capturing the sources of influence that explain the choice made amongst a set of ordered alternatives. The methods have evolved to a level of sophistication that can allow for heterogeneity in the threshold parameters, in the explanatory variables (through random parameters), and in the decomposition of the residual variance. This book brings together contributions in ordered choice modeling from a number of disciplines, synthesizing developments over the last fifty years, and suggests useful extensions to account for the wide range of sources of influence on choice.

About this title

Book Description:

Ordered choice models provide a relevant methodology for capturing the sources of influence that explain the choice made amongst a set of ordered alternatives. This book brings together contributions in ordered choice modeling from a number of disciplines and synthesizes developments over the last fifty years.

About the Author:

William H. Greene is Professor of Economics and Toyota Motor Corp. Professor at the Stern School of Business, New York University.

David A. Hensher is Professor of Management and Director of the Institute of Transport and Logistics at the University of Sydney.

About this edition

• Publisher: Cambridge University Press
• Publication date: 2010
• ISBN 10: 0521194202
• ISBN 13: 9780521194204
• Binding: Hardcover
• Edition number: 1
• Number of pages: 382