Discrete Choice Methods with Simulation

Train, Kenneth E.

ISBN 10: 0521816963 / ISBN 13: 9780521816960

Published by Cambridge University Press, 2003

About this Item

Seller Inventory # SHUB106712

Bibliographic Details

• Title: Discrete Choice Methods with Simulation
• Publisher: Cambridge University Press
• Publication Date: 2003
• Language: English
• ISBN 10: 0521816963
• ISBN 13: 9780521816960
• Binding: Hardcover
• Condition: New

About this title

Synopsis

Focusing on the many advances that are made possible by simulation, this book describes the new generation of discrete choice methods. 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. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.

Book 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. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.