Discrete Choice Methods with Simulation

Name: Discrete Choice Methods with Simulation
Brand: Cambridge University Press
SKU: 9780521766555
Price: 153.55 EUR
Availability: InStock

Autor: Kenneth Train

Jazyk:

Väzba: Pevná

Vydavateľ: Cambridge University Press

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153.55 €

This book describes the new generation of discrete choice methods, focusing on the many advances tha...

Informácie o knihe

Autor

Kenneth Train

Jazyk

Angličtina

Väzba

Kniha - Pevná

Vydalo

2009

Stránok

400

EAN

9780521766555

ISBN

0521766559

Enbook ID

04095214

Vydavateľ

Cambridge University Press

Hmotnosť

Rozmery

152 x 229 x 25

Kompletný popis

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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Discrete Choice Methods with Simulation

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