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Könyv Random Regret-based Discrete Choice Modeling Caspar G. Chorus

Random Regret-based Discrete Choice Modeling

A Tutorial

Szerző: Caspar G. Chorus
Nyelv: Angol
Kötés: Puha kötésű
Kiadó: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Elérhetőség: Beszállítói készleten alacsony példányszámban
Küldés 11-15 napon belül
20 378 Ft
This tutorial presents a hands-on introduction to a new discrete choice modeling approach based on t...

Információk a könyvről

Szerző
Caspar G. Chorus
Nyelv
Angol
Kötés
Könyv - Puha kötésű
Kiadva
2012
oldal
55
EAN
9783642291500
ISBN
3642291503
Enbook ID
01660821
Kiadó
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Súly
118
Méretek
155 x 235 x 4

Teljes leírás

This tutorial presents a hands-on introduction to a new discrete choice modeling approach based on the behavioral notion of regret-minimization. This so-called Random Regret Minimization-approach (RRM) forms a counterpart of the Random Utility Maximization-approach (RUM) to discrete choice modeling, which has for decades dominated the field of choice modeling and adjacent fields such as transportation, marketing and environmental economics. Being as parsimonious as conventional RUM-models and compatible with popular software packages, the RRM-approach provides an alternative and appealing account of choice behavior. Rather than providing highly technical discussions as usually encountered in scholarly journals, this tutorial aims to allow readers to explore the RRM-approach and its potential and limitations hands-on and based on a detailed discussion of examples. This tutorial is written for students, scholars and practitioners who have a basic background in choice modeling in general and RUM-modeling in particular. It has been taken care of that all concepts and results should be clear to readers that do not have an advanced knowledge of econometrics.

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