Discrete choice methods with simulation /

"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:...

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Bibliographic Details
Main Author: Train, Kenneth (Author)
Format: eBook
Language:English
Published: Cambridge ; New York : Cambridge University Press, 2009.
Edition:2nd ed.
Subjects:
Online Access:CONNECT
CONNECT
Table of Contents:
  • Introduction
  • pt. I. Behavioral models
  • Properties of discrete choice models
  • Logit
  • GEV
  • Probit
  • Mixed logit
  • Variations on a theme
  • pt. II. Estimation
  • Numerical maximization
  • Drawing from densities
  • Simulation-assisted estimation
  • Individual-level parameters
  • Bayesian procedures
  • Endogeneity
  • EM algorithms.