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Discrete Choice Methods with Simulation

4/5 ( ratings)

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 , 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.

Language: English

Pages: 342

Format: Kindle Edition

Publisher: Cambridge University Press

Release: January 13, 2003

Discrete Choice Methods with Simulation

4/5 ( ratings)

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 , 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.

Language: English

Pages: 342

Format: Kindle Edition

Publisher: Cambridge University Press

Release: January 13, 2003

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