Results 251 to 260 of about 1,154,169 (302)
Risk, uncertainty and discrete choice models [PDF]
Marketing Letters, 2008 This paper examines the cross-fertilizations of random utility models with the study of decision making under risk and uncertainty. We start with a description of the expected utility (EU) theory and then consider deviations from the standard EU frameworks, involving the Allais paradox and the Ellsberg paradox, inter alia.
Ben-Akiva, Moshe +10 more
openaire +3 more sources
DISCRETE CHOICE MODELS WITH MULTIPLE UNOBSERVED CHOICE CHARACTERISTICS* [PDF]
International Economic Review, 2007 Since the pioneering work by Daniel McFadden, utility‐maximization‐based multinomial response models have become important tools of empirical researchers. Various generalizations of these models have been developed to allow for unobserved heterogeneity in taste parameters and choice characteristics.
Susan Athey, Guido Imbens
openaire +1 more source
Some of the next articles are maybe not open access.
Related searches:
Related searches:
2010
Choice models attempt to analyze decision marker’s preferences amongst alternatives. We’ll primarily address the binary case to simplify the illustrations though in principle any number of discrete choices can be analyzed. A key is choices are mutually exclusive and exhaustive. This framing exercise impacts the interpretation of the data.
openaire +3 more sources
Choice models attempt to analyze decision marker’s preferences amongst alternatives. We’ll primarily address the binary case to simplify the illustrations though in principle any number of discrete choices can be analyzed. A key is choices are mutually exclusive and exhaustive. This framing exercise impacts the interpretation of the data.
openaire +3 more sources
Deep learning classification: Modeling discrete labor choice
Journal of Economic Dynamics and Control, 2021zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Maliar, Lilia, Maliar, Serguei
openaire +1 more source
Sociological Methods & Research, 1993
Multinomial logit discrete-choice models are now being used more frequently in sociological research, but often without appropriate attention to the central role played by the independence of irrelevant alternatives (IIA) property. In this article, three tests of the IIA property are discussed and then how to apply them is illustrated, using a data ...
JUNSEN ZHANG, SAUL D. HOFFMAN
openaire +1 more source
Multinomial logit discrete-choice models are now being used more frequently in sociological research, but often without appropriate attention to the central role played by the independence of irrelevant alternatives (IIA) property. In this article, three tests of the IIA property are discussed and then how to apply them is illustrated, using a data ...
JUNSEN ZHANG, SAUL D. HOFFMAN
openaire +1 more source
Discrete Choice Theory and Modeling
2011This article provides an overview of the methods employed in discrete choice models relevant to food demand analysis. Discrete analysis of food choices can be grouped into two main areas: analysis that focuses on the consumer to assess preferences and welfare, and analysis that focuses on assessing consumer behavior to provide marketing or sales ...
W. L. Adamowicz, Joffre D. Swait
openaire +2 more sources
1998
Discrete choice models have played an important role in transportation modeling for the last 25 years. They are namely used to provide a detailed representation of the complex aspects of transportation demand, based on strong theoretical justifications.
openaire +2 more sources
Discrete choice models have played an important role in transportation modeling for the last 25 years. They are namely used to provide a detailed representation of the complex aspects of transportation demand, based on strong theoretical justifications.
openaire +2 more sources