Results 1 to 10 of about 1,345,104 (297)

Nonparametric Identification of Multinomial Choice Demand Models with Heterogeneous Consumers [PDF]

We consider identification of nonparametric random utility models of multinomial choice using "micro data," i.e., observation of the characteristics and choices of individual consumers.
Philip A. Haile, Steven T. Berry
core  

Comparing discrete choice and machine learning models in predicting destination choice

European Transport Research Review
Destination choice modeling has long been dominated by theory-based discrete choice models. Simultaneously, machine learning has demonstrated improved predictive performance to other fields of discrete choice modeling.
Ilona Rahnasto, Martijn Hollestelle
doaj   +1 more source

Ordering effects and strategic response in discrete choice experiments [PDF]

This study explores ordering effects and response strategies in repeated binary discrete choice experiments (DCE). Mechanism design theory and empirical evidence suggest that repeated choice tasks per respondent introduce strategic behavior.
Bennett, Jeffrey W., Scheufele, Gabriela
core   +1 more source

Random Covariance Heterogeneity in Discrete Choice Models [PDF]

The area of discrete choice modelling has developed rapidly in recent years. In particular, continuing refinements of the Generalised Extreme Value (GEV) model family have permitted the representation of increasingly complex patterns of substitution and ...
Denis Bolduc, John Polak, Stephane Hess
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Dynamic Discrete Choice and Dynamic Treatment Effects [PDF]

This paper considers semiparametric identification of structural dynamic discrete choice models and models for dynamic treatment effects. Time to treatment and counterfactual outcomes associated with treatment times are jointly analyzed.
James J. Heckman, Salvador Navarro
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On linking microsimulation and applied GE by exact aggregation of heterogeneous discrete-choice making agents [PDF]

Our paper contributes to bridge the gap between the microsimulation’s approach and applied GE models, by making use of exact aggregation results from the discrete choice literature: heterogeneous individuals choosing (possibly continuous amounts) within ...
Jean Mercenier, Riccardo Magnani
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Calculating willingness-to-pay with discrete cost and random coefficients in discrete choice experiments

Health Economics Review
Objectives This study provides step-by-step guidance to calculate willingness-to-pay (WTP) in discrete choice experiments that involve discrete cost. It highlights the limitations of assuming a linear disutility for cost in WTP calculation.
Clarence Ong, Alex R. Cook, Ker-Kan Tan, Yi Wang   +3 more
doaj   +1 more source

Meta Analysis in Model Implementation: Choice Sets and the Valuation of Air Quality Improvements [PDF]

We document the sensitivity of welfare estimates derived from discrete choice models to assumptions about the choice set. Such assumptions can affect welfare estimates through both the estimated parameters of the model and, conditional on the parameters,
Banzhaf, H. Spencer, Smith, V. Kerry
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Omitted Product Attributes in Discrete Choice Models [PDF]

We describe two methods for correcting an omitted variables problem in discrete choice models: a fixed effects approach and a control function approach. The control function approach is easier to implement and applicable in situations for which the fixed
Amil Petrin, Kenneth Train
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AGRICULTURAL LAND USE CHOICE: A DISCRETE CHOICE APPROACH [PDF]

A discrete choice model and site-specific data are used to analyze land use choices between crop production and pasture in the Corn Belt. The results show that conversion probabilities depend on relative returns, land quality, and government policy.
Claassen, Roger, Tegene, Abebayehu
core   +1 more source