Discrete Choice Methods With Simulation Pdf

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Discrete choice methods with simulation Kenneth E. Train

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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 …

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Discrete choice models (DCM) describe the behavior of individuals’ choices among discrete available alternatives. Decision makers can be consumers, firms, authorities, and any other decision-making unit, and the alternatives represent competing products, courses of action, or any other options over which choices must be made (Train 2009).



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Author Information. Faculty of Economics and Political Science, University of Cambridge, Sidgwick Avenue, Cambridge CB3 9DE. * Faculty of Economics and Political Science, University of Cambridge, Sidgwick Avenue, Cambridge CB3 9DE.

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Simulation Estimation of Mixed Discrete Choice Models Using Randomized Quasi-Monte Carlo Sequences: A Comparison of Alternative Sequences, Scrambling Methods, and

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Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments Philipp Eisenhauer The University of Chicago

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