Train, Kenneth

Discrete Choice Methods with Simulation

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ISBN 13:
9780521747387
author:
Train, Kenneth
format:
Paperback
publisher:
Cambridge University Press
language:
English
Publication Year:
2009
Pages:
400
Genre:
Economics Textbook
Condition:
New
Availability:
Item usually sent within 5 working days
£59.45

Description

Discrete Choice Methods with Simulation by Kenneth E. Train provides an in-depth exploration of advanced statistical methods for examining consumer choices. The book covers a range of models, including logit, generalized extreme value, probit, and mixed logit, as well as simulation-assisted estimation procedures and Bayesian techniques. Recent advances in the field are also discussed, including endogeneity and expectation-maximization algorithms. This comprehensive guide is applicable across various fields, such as energy, transportation, environmental studies, health, labor, and marketing. With its broad scope and detailed explanations, Discrete Choice Methods with Simulation is an essential resource for researchers and professionals seeking to understand consumer decision-making processes.

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