000 02300nam a22003378i 4500
001 CR9780511753930
003 UkCbUP
005 20200124160258.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 141103s2003||||enk o ||1 0|eng|d
020 _a9780511753930 (ebook)
020 _z9780521816960 (hardback)
020 _z9780521017152 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
050 0 0 _aHD30.23
_b.T725 2003
082 0 0 _a003/.56
_221
100 1 _aTrain, Kenneth,
_eauthor.
245 1 0 _aDiscrete choice methods with simulation /
_cKenneth E. Train.
264 1 _aCambridge :
_bCambridge University Press,
_c2003.
300 _a1 online resource (vii, 334 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
520 _aThis 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. Simulation-assisted estimation procedures are investigated and compared, including maximum simulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. No other book incorporates all these fields, which have arisen in the past 20 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.
650 0 _aDecision making
_xSimulation methods.
650 0 _aConsumers' preferences
_xSimulation methods.
776 0 8 _iPrint version:
_z9780521816960
856 4 0 _uhttps://doi.org/10.1017/CBO9780511753930
999 _c520116
_d520114