Train, Kenneth
Discrete Choice Methods with Simulation
- 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
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.