Picture 1 of 1

Stock photo

Kenneth E. Train Discrete Choice Methods with Simulation (Paperback) - Picture 1 of 1

Discrete Choice Methods with Simulation by Kenneth E. Train (Paperback, 2009)

Rarewaves Outlet (1367558)

98.1% positive feedback

Price:

GBP 51.22

ApproximatelyRM 293.52

+ 2.99 shipping

Estimated delivery Mon, 19 May - Mon, 26 May

Returns:

30 days return. Buyer pays for return shipping. If you use an eBay shipping label, it will be deducted from your refund amount.

Condition:

Brand New

About this product

Product Information

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: 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. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. This second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.