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Download PDF Discrete Choice Methods with Simulation
Download PDF Discrete Choice Methods with Simulation
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Discrete Choice Methods with Simulation
Download PDF Discrete Choice Methods with Simulation
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Book Description
This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. 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.
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Product details
Paperback: 398 pages
Publisher: Cambridge University Press; 2 edition (June 30, 2009)
Language: English
ISBN-10: 0521747384
ISBN-13: 978-0521747387
Product Dimensions:
6 x 0.9 x 9 inches
Shipping Weight: 1.5 pounds (View shipping rates and policies)
Average Customer Review:
5.0 out of 5 stars
11 customer reviews
Amazon Best Sellers Rank:
#431,472 in Books (See Top 100 in Books)
If I could give this book six stars I would. It's simply one of the best statistics books I've ever read.This book is very well-written by one of the experts in the field. It covers logit models and the various generalizations (GEV, mixed logit, probit, etc.) in detail, along with a thorough discussion of modern estimation of these models. What I find most useful about it is that the words-to-equations density is highly favorable. The equations you need are there, but the words you need are there too, making sure you understand the model assumptions inside and out. Each equation is explained thoroughly and the surrounding discussion probes the model to bring the reader to a critical understanding of what exactly is implied by the model. Too often complex statistical models are treated in a "black box" fashion. The dirty little secret is that it's easier for the author to do this. Train doesn't take the easy way out. The fact that his web site has truly excellent support--including a large number of webinars in addition to the more usual papers, software, etc.--makes this book a doubly valuable item. See [...] for even more.
Really comes in handy, easy to read but plenty of detail too. Holds up well to in-depth scrutiny and very broad coverage of MDC.
Classics and a must have for anyone who does or aspires to do any structural work in Economics or Marketing.
Excelente book
Fantastic book even if you aren't actually that interested in logit, probit, etc. Just the crystal clear parts on numerical optimization and simulation are worth the price.
The book is excellent for guys on discrete choice models and analysis. It has good structure to show how model is developed and provides the estimation methods.
Enough math to solidify the explanation and enough text to make it readable. Very well done.
Great
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