Discrete Choice Methods with Simulation (Paperback)

Kenneth E. Train

ISBN 10: 0521747384 / ISBN 13: 9780521747387

Verlag: Cambridge University Press, Cambridge, 2009

Beschreibung

Paperback. 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. This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Each of the major models is covered including logit, generalized extreme value, or GEV, probit, and mixed logit, plus a variety of specifications that build on these basics. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Bestandsnummer des Verkäufers 9780521747387

Bibliografische Details

Titel: Discrete Choice Methods with Simulation (...

Verlag: Cambridge University Press, Cambridge

Erscheinungsdatum: 2009

Einband: Paperback

Zustand: new

Auflage: 2. Auflage

Über diesen Titel

Inhaltsangabe:

This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Each of the major models is covered including logit, generalized extreme value, or GEV, probit, and mixed logit, plus a variety of specifications that build on these basics.

Reseña del editor:

This book, first published in 2009, describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Each of the major models is covered including logit, generalized extreme value, or GEV, probit, and mixed logit, plus a variety of specifications that build on these basics.