Author: Takeshi Amemiya
Publisher: Harvard University Press
ISBN: 9780674005600
Category : Business & Economics
Languages : en
Pages : 540
Book Description
The main features of this text are a thorough treatment of cross-section models—including qualitative response models, censored and truncated regression models, and Markov and duration models—and a rigorous presentation of large sample theory, classical least-squares and generalized least-squares theory, and nonlinear simultaneous equation models.
Advanced Econometrics
Author: Takeshi Amemiya
Publisher: Harvard University Press
ISBN: 9780674005600
Category : Business & Economics
Languages : en
Pages : 540
Book Description
The main features of this text are a thorough treatment of cross-section models—including qualitative response models, censored and truncated regression models, and Markov and duration models—and a rigorous presentation of large sample theory, classical least-squares and generalized least-squares theory, and nonlinear simultaneous equation models.
Publisher: Harvard University Press
ISBN: 9780674005600
Category : Business & Economics
Languages : en
Pages : 540
Book Description
The main features of this text are a thorough treatment of cross-section models—including qualitative response models, censored and truncated regression models, and Markov and duration models—and a rigorous presentation of large sample theory, classical least-squares and generalized least-squares theory, and nonlinear simultaneous equation models.
Stated Choice Methods
Author: Jordan J. Louviere
Publisher: Cambridge University Press
ISBN: 9780521788304
Category : Business & Economics
Languages : en
Pages : 436
Book Description
A multidisciplinary graduate and practitioner guide, first published in 2000, which offers the theory and application of stated choice methods.
Publisher: Cambridge University Press
ISBN: 9780521788304
Category : Business & Economics
Languages : en
Pages : 436
Book Description
A multidisciplinary graduate and practitioner guide, first published in 2000, which offers the theory and application of stated choice methods.
Econometric Analysis of Discrete Choice
Author: Axel Börsch-Supan
Publisher: Springer Science & Business Media
ISBN: 3642456332
Category : Business & Economics
Languages : en
Pages : 223
Book Description
This book is a treatise on empirical microeconomics: it describes the econometric theory of qualitative choice models and the empirical practice of modeling consumer demand for a heterogeneous commodity, housing. Accordingly, the book has two parts. The first part gives a self-contained survey of discrete choice models with emphasis on nested and related multinomial logit models. The second part concentrates on three sUbstantive questions about housing demand and how they can be answered using discrete choice models. Why combine these two distinct parts in one book? It is the interaction between theory and application in empirical microeconomics on which we focus in this book. Hence, emphasis in the methodological part is on practicability, and emphasis in the applied part is on the usage of the proper econometric specifications. Econometrics means measuring economic phenomena. Because nature (ironically, in the case of economics, this is most often the government) rarely provides us with well-defined economic experiments, measurement of economic phenomena usually requires an elaborate statistical apparatus that is able to separate concurrent and confounding phenomena. Discrete choice models have proved to be a very convenient apparatus to study the complex issues in housing demand. We present models, techniques, and statistical problems of discrete choice in the first and methodological part of the book, written in conventional textbook style.
Publisher: Springer Science & Business Media
ISBN: 3642456332
Category : Business & Economics
Languages : en
Pages : 223
Book Description
This book is a treatise on empirical microeconomics: it describes the econometric theory of qualitative choice models and the empirical practice of modeling consumer demand for a heterogeneous commodity, housing. Accordingly, the book has two parts. The first part gives a self-contained survey of discrete choice models with emphasis on nested and related multinomial logit models. The second part concentrates on three sUbstantive questions about housing demand and how they can be answered using discrete choice models. Why combine these two distinct parts in one book? It is the interaction between theory and application in empirical microeconomics on which we focus in this book. Hence, emphasis in the methodological part is on practicability, and emphasis in the applied part is on the usage of the proper econometric specifications. Econometrics means measuring economic phenomena. Because nature (ironically, in the case of economics, this is most often the government) rarely provides us with well-defined economic experiments, measurement of economic phenomena usually requires an elaborate statistical apparatus that is able to separate concurrent and confounding phenomena. Discrete choice models have proved to be a very convenient apparatus to study the complex issues in housing demand. We present models, techniques, and statistical problems of discrete choice in the first and methodological part of the book, written in conventional textbook style.
Discrete Choice Analysis
Author: Moshe Ben-Akiva
Publisher: MIT Press
ISBN: 0262536404
Category : Architecture
Languages : en
Pages : 414
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.
Publisher: MIT Press
ISBN: 0262536404
Category : Architecture
Languages : en
Pages : 414
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.
Discrete Choice Methods with Simulation
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.
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.
Urban Transportation Abstracts
U.S. and West German Housing Markets
Author: K. Stahl
Publisher: Springer Science & Business Media
ISBN: 3662106493
Category : Business & Economics
Languages : en
Pages : 166
Book Description
For many years countries have taken advantage of one another's experiences in formulating social policies and even in designing specific interventions. Often such transfers have occurred on a fairly casual level; sometimes greater rigor has been present. In either case, the goal has been to learn from previous experience-at least to avoid repeating the mistakes of the past. In light of the promise that such intercountry transfers hold, it is somewhat surprising that so little energy has gone into careful analytic work on the behavior of households in differing countries and how they respond to various changes, especially those resulting from shifts in public policy. This lack of careful analysis was a major force that motivated The Urban Institute to establish an international studies program in 1982. This volume represents one of the early products of the collaborative efforts that this initiative has spawned. The results of the comparison of the housing markets in West Germany and the United States presented here offer examples of the type of unexpected conclusions that may emerge from careful analyses as well as more anticipated outcomes. Despite the many similarities in the economies of the United States and West Germany and the general free-market orientation of their housing sectors, the papers in this volume document important differences in the way households make decisions about their housing and the consequences of these decisions.
Publisher: Springer Science & Business Media
ISBN: 3662106493
Category : Business & Economics
Languages : en
Pages : 166
Book Description
For many years countries have taken advantage of one another's experiences in formulating social policies and even in designing specific interventions. Often such transfers have occurred on a fairly casual level; sometimes greater rigor has been present. In either case, the goal has been to learn from previous experience-at least to avoid repeating the mistakes of the past. In light of the promise that such intercountry transfers hold, it is somewhat surprising that so little energy has gone into careful analytic work on the behavior of households in differing countries and how they respond to various changes, especially those resulting from shifts in public policy. This lack of careful analysis was a major force that motivated The Urban Institute to establish an international studies program in 1982. This volume represents one of the early products of the collaborative efforts that this initiative has spawned. The results of the comparison of the housing markets in West Germany and the United States presented here offer examples of the type of unexpected conclusions that may emerge from careful analyses as well as more anticipated outcomes. Despite the many similarities in the economies of the United States and West Germany and the general free-market orientation of their housing sectors, the papers in this volume document important differences in the way households make decisions about their housing and the consequences of these decisions.
The Economics of Urban Transportation
Author: Kenneth A. Small
Publisher: Taylor & Francis
ISBN: 135165344X
Category : Business & Economics
Languages : en
Pages : 433
Book Description
This new edition of the seminal textbook The Economics of Urban Transportation incorporates the latest research affecting the design, implementation, pricing, and control of transport systems in towns and cities. The book offers an economic framework for understanding the societal impacts and policy implications of many factors including congestion, traffic safety, climate change, air quality, COVID-19, and newly important developments such as ride-hailing services, electric vehicles, and autonomous vehicles. Rigorous in approach and making use of real-world data and econometric techniques, the third edition features a new chapter on the special challenges of managing the energy that powers transportation systems. It provides fully updated coverage of well-known topics and a rigorous treatment of new ones. All of the basic topics needed to apply economics to urban transportation are included: Forecasting demand for transportation services under various conditions Measuring costs, including those incurred by users and incorporating two new tools to describe congestion in dense urban areas Setting prices under practical constraints Evaluating infrastructure investments Understanding how private and public sectors interact to provide services Written by three of the field’s leading researchers, The Economics of Urban Transportation is essential reading for students, researchers, and practicing professionals in transportation economics, planning, engineering, or related disciplines. With a focus on workable models that can be adapted to future needs, it provides tools for a rapidly changing world.
Publisher: Taylor & Francis
ISBN: 135165344X
Category : Business & Economics
Languages : en
Pages : 433
Book Description
This new edition of the seminal textbook The Economics of Urban Transportation incorporates the latest research affecting the design, implementation, pricing, and control of transport systems in towns and cities. The book offers an economic framework for understanding the societal impacts and policy implications of many factors including congestion, traffic safety, climate change, air quality, COVID-19, and newly important developments such as ride-hailing services, electric vehicles, and autonomous vehicles. Rigorous in approach and making use of real-world data and econometric techniques, the third edition features a new chapter on the special challenges of managing the energy that powers transportation systems. It provides fully updated coverage of well-known topics and a rigorous treatment of new ones. All of the basic topics needed to apply economics to urban transportation are included: Forecasting demand for transportation services under various conditions Measuring costs, including those incurred by users and incorporating two new tools to describe congestion in dense urban areas Setting prices under practical constraints Evaluating infrastructure investments Understanding how private and public sectors interact to provide services Written by three of the field’s leading researchers, The Economics of Urban Transportation is essential reading for students, researchers, and practicing professionals in transportation economics, planning, engineering, or related disciplines. With a focus on workable models that can be adapted to future needs, it provides tools for a rapidly changing world.
Determinants of Travel Choice
Author: David A. Hensher
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 424
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 424
Book Description
Modelling Transport
Author: Juan de Dios Ortúzar S.
Publisher: Wiley-Blackwell
ISBN:
Category : Mathematics
Languages : en
Pages : 528
Book Description
Transport planning, infrastructure project evaluation and policy making, particularly at the urban level, continue to be important issues in the 21st century. Transport modelling requires mathematical techniques in order to make predictions, which can then be utilised in planning and design. This is the basis for improved decision-making and planning in the transport arena. Building on the tremendous success of the previous editions, the new Modelling Transport continues to be the state of the art text in its field. As before, this third edition provides comprehensive and rigorous information and guidance, enabling readers to make practical use of every available technique. Presenting the following features: * A substantially updated section on data collection techniques * An examination of the latest topical modelling approaches, including new material on Probit Model estimation (now possible in practice) and Mixed Logit specification and estimation * New treatment of joint time-of-travel and assignment modelling * Significant new material on Stated Preferences * Added coverage of travel time valuation and, importantly, of the valuation of externalities such as accidents and environmental effects This book is the leader in its subject area, and gives the reader a unique contemporary account of key transport modelling techniques and applications. As before, each subject is approached as a modelling exercise with discussion of the roles of theory, data, model specification, estimation, validation and application. Techniques are included for selecting the right level of analysis and detail for modelling purposes, as well as how to adapt existing tools to serve the needs of regular updating of models and plans. Graduate and postgraduate students in transport engineering and planning, practicing transport engineers, consultants, planners and professional societies, as well as government agencies and district and city councils will find this an essential and valuable text.
Publisher: Wiley-Blackwell
ISBN:
Category : Mathematics
Languages : en
Pages : 528
Book Description
Transport planning, infrastructure project evaluation and policy making, particularly at the urban level, continue to be important issues in the 21st century. Transport modelling requires mathematical techniques in order to make predictions, which can then be utilised in planning and design. This is the basis for improved decision-making and planning in the transport arena. Building on the tremendous success of the previous editions, the new Modelling Transport continues to be the state of the art text in its field. As before, this third edition provides comprehensive and rigorous information and guidance, enabling readers to make practical use of every available technique. Presenting the following features: * A substantially updated section on data collection techniques * An examination of the latest topical modelling approaches, including new material on Probit Model estimation (now possible in practice) and Mixed Logit specification and estimation * New treatment of joint time-of-travel and assignment modelling * Significant new material on Stated Preferences * Added coverage of travel time valuation and, importantly, of the valuation of externalities such as accidents and environmental effects This book is the leader in its subject area, and gives the reader a unique contemporary account of key transport modelling techniques and applications. As before, each subject is approached as a modelling exercise with discussion of the roles of theory, data, model specification, estimation, validation and application. Techniques are included for selecting the right level of analysis and detail for modelling purposes, as well as how to adapt existing tools to serve the needs of regular updating of models and plans. Graduate and postgraduate students in transport engineering and planning, practicing transport engineers, consultants, planners and professional societies, as well as government agencies and district and city councils will find this an essential and valuable text.