Discrete Choice Methods with Simulation

Name: Discrete Choice Methods with Simulation
Brand: Cambridge University Press
SKU: 9780521766555
Price: 805.95 RON
Availability: InStock

Autor: Kenneth Train

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Editura: Cambridge University Press

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

Informații despre carte

Autor

Kenneth Train

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2009

Pagini

400

EAN

9780521766555

ISBN

0521766559

Enbook ID

04095214

Editura

Cambridge University Press

Greutate

Dimensiuni

152 x 229 x 25

Descriere completă

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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