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Author: Kenneth Train Publisher: Cambridge University Press ISBN: 0521766559 Category : Business & Economics Languages : en Pages : 399
Book Description
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. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated 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. The 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.
Author: Kenneth Train Publisher: Cambridge University Press ISBN: 0521766559 Category : Business & Economics Languages : en Pages : 399
Book Description
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. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated 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. The 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.
Author: Stephane Hess Publisher: Edward Elgar Publishing ISBN: 1800375638 Category : Business & Economics Languages : en Pages : 797
Book Description
This thoroughly revised second edition Handbook provides an authoritative and in-depth overview of choice modelling, covering essential topics range from data collection through model specification and estimation to analysis and use of results. It aptly emphasises the broad relevance of choice modelling when applied to a multitude of fields, including but not limited to transport, marketing, health and environmental economics.
Author: David A. Hensher Publisher: Routledge ISBN: 1351140752 Category : Business & Economics Languages : en Pages : 485
Book Description
Originally published in 1981. Discrete-choice modelling is an area of econometrics where significant advances have been made at the research level. This book presents an overview of these advances, explaining the theory underlying the model, and explores its various applications. It shows how operational choice models can be used, and how they are particularly useful for a better understanding of consumer demand theory. It discusses particular problems connected with the model and its use, and reports on the authors’ own empirical research. This is a comprehensive survey of research developments in discrete choice modelling and its applications.
Author: Dimitris Potoglou Publisher: Edward Elgar Publishing ISBN: 1839105747 Category : Political Science Languages : en Pages : 537
Book Description
This insightful Handbook offers a comprehensive and diverse understanding of the determinants of travel behaviour, looking at the ways in which it can be better understood, modelled and forecasted. Dimitris Potoglou and Justin Spinney bring together an international range of esteemed academics who explore the origins of the field, research analysis methods, environmental considerations, and social factors. This title contains one or more Open Access chapters.
Author: Thomas F. Golob Publisher: Springer Science & Business Media ISBN: 1475726422 Category : Business & Economics Languages : en Pages : 395
Book Description
Panels for Transportation Planning argues that panels - repeated measurements on the same sets of households or individuals over time - can more effectively capture dynamic changes in travel behavior, and the factors which underlie these changes, than can conventional cross-sectional surveys. Because panels can collect information on household attributes, attitudes and perceptions, residential and employment choices, travel behavior and other variables - and then can collect information on changes in these variables over time - they help us to understand how and why people choose to travel as they do, and how and why these choices are likely to evolve in the future. This book is designed for a wide audience: survey researchers who seek information on methodological advancements and applications; transportation planners who want an improved understanding of dynamic changes in travel behavior; and instructors of graduate courses in urban and transportation planning, research methods, economics, sociology, and public policy. Each chapter has been prepared to stand alone to illustrate a particular theme or application. The book is divided into topical parts which address the most salient issues in the use of panels for transportation planning: panels as evaluation tools, regional planning applications, accounting for response bias, and modeling and forecasting issues. These parts describe panel applications in the US, Australia, Great Britain, Japan, and the Netherlands. Each chapter is supplemented by extensive references; more than 400 studies, reflecting the work of more than 700 authors, are cited in the text.
Author: Matthew Shum Publisher: World Scientific ISBN: 981310967X Category : Business & Economics Languages : en Pages : 154
Book Description
Economic Models for Industrial Organization focuses on the specification and estimation of econometric models for research in industrial organization. In recent decades, empirical work in industrial organization has moved towards dynamic and equilibrium models, involving econometric methods which have features distinct from those used in other areas of applied economics. These lecture notes, aimed for a first or second-year PhD course, motivate and explain these econometric methods, starting from simple models and building to models with the complexity observed in typical research papers. The covered topics include discrete-choice demand analysis, models of dynamic behavior and dynamic games, multiple equilibria in entry games and partial identification, and auction models.
Author: Moshe E. Ben-Akiva Publisher: MIT Press ISBN: 9780262022170 Category : Architecture Languages : en Pages : 424
Book Description
Discrete Choice Analysis presents these results in such a way that they are fully accessible to the range of students and professionals who are involved in modelling demand and consumer behavior in general or specifically in transportation - whether from the point of view of the design of transit systems, urban and transport economics, public policy, operations research, or systems management and planning. The methods of discrete choice analysis and their applications in the modelling of transportation systems constitute a comparatively new field that has largely evolved over the past 15 years. Since its inception, however, the field has developed rapidly, and this is the first text and reference work to cover the material systematically, bringing together the scattered and often inaccessible results for graduate students and professionals. Discrete Choice Analysis presents these results in such a way that they are fully accessible to the range of students and professionals who are involved in modelling demand and consumer behavior in general or specifically in transportation - whether from the point of view of the design of transit systems, urban and transport economics, public policy, operations research, or systems management and planning. The introductory chapter presents the background of discrete choice analysis and context of transportation demand forecasting. Subsequent chapters cover, among other topics, the theories of individual choice behavior, binary and multinomial choice models, aggregate forecasting techniques, estimation methods, tests used in the process of model development, sampling theory, the nested-logit model, and systems of models. Discrete Choice Analysis is ninth in the MIT Press Series in Transportation Studies, edited by Marvin Manheim.
Author: C. A. Brebbia Publisher: WIT Press ISBN: 1845644727 Category : Nature Languages : en Pages : 961
Book Description
This book contains the papers presented at two conferences organized by the Wessex Institute of Technology. The first conference is the Seventh International Conference on Computer Simulation in Risk Analysis and Hazard Mitigation, being held in Algarve, Portugal, September 13-15. This biennial conference is the latest in a successful series that began in 1998 and that includes many practical applications, demonstrating how to analyze and manage risk and mitigate hazards. The applications cover man-made as well as natural hazards, the importance of which is becoming increasingly evident in our modern world. These problems have become a priority for all governments, as well as a cause for public concern. The second conference is the Fifth International Conference on Prevention, Assessment, Rehabilitation and Development of Brownfield Sites, also being held in Algarve, September 14-16. The biennial conference was first held in 2002 and covers the challenges the public and private sectors must face in seeking to reuse brownfield sites and to capitalize on the opportunities.
Author: Isabella M. Lami Publisher: Springer ISBN: 3319047868 Category : Business & Economics Languages : en Pages : 282
Book Description
Eurocorridors are characterized by intensive transport flows and dynamic patterns of establishment and household locations. They are also considered the backbones of powerful spatial and economic forces in the areas that connect urban regions. One of the main difficulties in the spatial planning of eurocorridors has been the need to engage in different types of collective action. Such an approach can be extremely challenging in practice, useful to researchers in the field and to professionals as well. In the light of this, the book’s main objectives are: - To define the problem by analyzing the key features, which include freight and passenger transport policies and issues; the territorial context, with its geographical, social, economic and cultural aspects; the plurality of subjects with different aims and resources and the lack of homogeneous information. - To illustrate assessment models and evaluation frameworks (MCDA; Discrete Choice Analysis; Collaborative Assessments; Geovisualization Technologies) in theoretical terms and by the use of case studies.
Author: William H. Greene Publisher: Cambridge University Press ISBN: 1139485954 Category : Business & Economics Languages : en Pages : 383
Book Description
It is increasingly common for analysts to seek out the opinions of individuals and organizations using attitudinal scales such as degree of satisfaction or importance attached to an issue. Examples include levels of obesity, seriousness of a health condition, attitudes towards service levels, opinions on products, voting intentions, and the degree of clarity of contracts. Ordered choice models provide a relevant methodology for capturing the sources of influence that explain the choice made amongst a set of ordered alternatives. The methods have evolved to a level of sophistication that can allow for heterogeneity in the threshold parameters, in the explanatory variables (through random parameters), and in the decomposition of the residual variance. This book brings together contributions in ordered choice modeling from a number of disciplines, synthesizing developments over the last fifty years, and suggests useful extensions to account for the wide range of sources of influence on choice.
Author: Kenneth Train
Author: Kenneth Train
Author: Stephane Hess
Author: David A. Hensher
Author: Dimitris Potoglou
Author: Thomas F. Golob
Author: Matthew Shum
Author: Moshe E. Ben-Akiva
Author: C. A. Brebbia
Author: Isabella M. Lami
Author: William H. Greene