Book Description
A fully updated second edition of this popular introduction to applied choice analysis, written for graduate students, researchers, professionals and consultants.
Author : David A. Hensher
Publisher : Cambridge University Press
Page : 1219 pages
File Size : 16,41 MB
Release : 2015-06-11
Category : Business & Economics
ISBN : 1107092647
A fully updated second edition of this popular introduction to applied choice analysis, written for graduate students, researchers, professionals and consultants.
Author : David A. Hensher
Publisher : Cambridge University Press
Page : 743 pages
File Size : 46,26 MB
Release : 2005-06-02
Category : Business & Economics
ISBN : 0521844266
Almost without exception, everything human beings undertake involves a choice. In recent years there has been a growing interest in the development and application of quantitative statistical methods to study choices made by individuals with the purpose of gaining a better understanding both of how choices are made and of forecasting future choice responses. In this primer the authors provide an unintimidating introduction to the main techniques of choice analysis and include detail on themes such as data collection and preparation, model estimation and interpretation and the design of choice experiments. A companion website to the book provides practice data sets and software to estimate the main discrete choice models such as multinomial logit, nested logit and mixed logit. This primer will be an invaluable resource to students as well as of immense value to consultants and professionals, researchers and anyone else interested in choice analysis and modelling.
Author : David A. Hensher
Publisher : Routledge
Page : 280 pages
File Size : 13,51 MB
Release : 2018-04-09
Category : Business & Economics
ISBN : 1351140744
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 : Jordan J. Louviere
Publisher : Cambridge University Press
Page : 436 pages
File Size : 49,91 MB
Release : 2000-09-28
Category : Business & Economics
ISBN : 9780521788304
A multidisciplinary graduate and practitioner guide, first published in 2000, which offers the theory and application of stated choice methods.
Author : Jacques A. Hagenaars
Publisher : Cambridge University Press
Page : 478 pages
File Size : 29,32 MB
Release : 2002-06-24
Category : Social Science
ISBN : 1139439235
Applied Latent Class Analysis introduces several innovations in latent class analysis to a wider audience of researchers. Many of the world's leading innovators in the field of latent class analysis contributed essays to this volume, each presenting a key innovation to the basic latent class model and illustrating how it can prove useful in situations typically encountered in actual research.
Author : William H. Greene
Publisher : Cambridge University Press
Page : 383 pages
File Size : 35,91 MB
Release : 2010-04-08
Category : Business & Economics
ISBN : 1139485954
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 : Vithala R. Rao
Publisher : Springer Science & Business Media
Page : 401 pages
File Size : 44,60 MB
Release : 2014-02-20
Category : Business & Economics
ISBN : 3540877533
Conjoint analysis is probably the most significant development in marketing research in the past few decades. It can be described as a set of techniques ideally suited to studying customers’ decision-making processes and determining tradeoffs. Though this book is oriented towards methods and applications of conjoint analysis in marketing, conjoint methods are also applicable for other business and social sciences. After an introduction to the basic ideas of conjoint analysis the book describes the steps involved in designing a ratings-based conjoint study, it covers various methods for estimating partworth functions from preference ratings data, and dedicates a chapter on methods of design and analysis of conjoint-based choice experiments, where choice is measured directly. Chapter 5 describes several methods for handling a large number of attributes. Chapters 6 through 8 discuss the use of conjoint analysis for specific applications like product and service design or product line decisions, product positioning and market segmentation decisions, and pricing decisions. Chapter 9 collates miscellaneous applications of marketing mix including marketing resource allocation or store location decisions. Finally, Chapter 10 reviews more recent developments in experimental design and data analysis and presents an assessment of future developments.
Author : Mandy Ryan
Publisher : Springer Science & Business Media
Page : 265 pages
File Size : 39,56 MB
Release : 2007-10-23
Category : Business & Economics
ISBN : 1402057539
This work takes a fresh and contemporary look at the growing interest in the development and application of discrete choice experiments (DCEs) within the field of health economics. The book comprises chapters by highly regarded academics with experience of applying DCEs in the area of health. Thus the book is relevant to post-graduate students and applied researchers with an interest in the use of DCEs for valuing health and health care and has international appeal.
Author : Kenneth Train
Publisher : Cambridge University Press
Page : 399 pages
File Size : 22,68 MB
Release : 2009-07-06
Category : Business & Economics
ISBN : 0521766559
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 : Hans-Jürgen Andreß
Publisher : Springer Science & Business Media
Page : 338 pages
File Size : 21,9 MB
Release : 2013-01-24
Category : Social Science
ISBN : 3642329144
Many economic and social surveys are designed as panel studies, which provide important data for describing social changes and testing causal relations between social phenomena. This textbook shows how to manage, describe, and model these kinds of data. It presents models for continuous and categorical dependent variables, focusing either on the level of these variables at different points in time or on their change over time. It covers fixed and random effects models, models for change scores and event history models. All statistical methods are explained in an application-centered style using research examples from scholarly journals, which can be replicated by the reader through data provided on the accompanying website. As all models are compared to each other, it provides valuable assistance with choosing the right model in applied research. The textbook is directed at master and doctoral students as well as applied researchers in the social sciences, psychology, business administration and economics. Readers should be familiar with linear regression and have a good understanding of ordinary least squares estimation.