Applied Choice Analysis: A Primer

Author:   David A. Hensher (University of Sydney) ,  John M. Rose (University of Sydney) ,  William H. Greene (New York University)
Publisher:   Cambridge University Press
ISBN:  

9780511610356


Publication Date:   05 September 2012
Format:   Undefined
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Applied Choice Analysis: A Primer


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Author:   David A. Hensher (University of Sydney) ,  John M. Rose (University of Sydney) ,  William H. Greene (New York University)
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press (Virtual Publishing)
ISBN:  

9780511610356


ISBN 10:   0511610351
Publication Date:   05 September 2012
Audience:   Professional and scholarly ,  College/higher education ,  Professional & Vocational ,  Tertiary & Higher Education
Format:   Undefined
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

Table of Contents

Preface; 1. In the beginning; 2. Basic notations of statistics; 3. Choosing; 4. Paradigms of choice data; 5. Processes in setting up stated choice experiments; 6. Choices in data collection; 7. Nlogit for applied choice analysis: a primer; 8. Handling choice data; 9. Case study: model choice data; 10. Getting started modelling: the workhorse - MNL; 11. Getting more from your model; 12. Practical issues in the application of choice models; 13. Allowing for similarity of alternatives; 14. Nested logit estimation; 15. The mixed logit model; 16. Mixed logit estimation; Nlogit terms and commands; References; Index.

Reviews

'I cannot imagine a better introduction to choice modeling. The authors manage to bring a vivid, storytelling voice to this complex topic, with language that has personality and rhythm. The various interrelated concepts and procedures that constitute choice modeling come across as simple and straightforward. An amazing feat. The ins-and-outs of a computer code are also taught along with the statistical methods. This integration of computer language within the text is unusual and highly valuable, giving readers all the steps that are needed to implement the methods on their own data.' Kenneth Train, Adjunct Professor, University of California, Berkeley 'With all knowledge, the fundamental concepts constitute the most important part of learning. Hensher et al. have taken this to heart and done a superb job here in explaining the trickiest of discrete choice survey and analysis concepts in a simple, elegant, and intuitive fashion. This book, written by leading authorities in the discrete choice field, is required reading not only for beginners, but also for those experienced researchers who would like to clarify basic concepts. It is a much-needed and welcome addition to a field that is seeing a literal revolution in the analyst's ability to incorporate and estimate realistic behavioral structures. The book holds the hands of readers and walks them through the new developments in the field. Let it not be said any more that the recent advances in discrete choice analysis are beyond the reach of all but the nerdiest of researchers!' Chandra Bhat, University of Texas, Austin ...this book should be required reading for anybody who carries out (or hopes to carry out) serious choice analysis. I cannot think of any choice study, including most of the ones in which I have participated, that could not be improved by following the practical advice given in thsi book. After years of teaching some of this material to economics graduate students, I have a mental list of stupid mistakes that most of them will make. This book not only lists almost all of these mistakes, it carefully explains why they are mistakes and shows how to avoid them. - Journal of the American Statistical Association David Brownstone, University of California, Irvine


'I cannot imagine a better introduction to choice modeling. The authors manage to bring a vivid, storytelling voice to this complex topic, with language that has personality and rhythm. The various interrelated concepts and procedures that constitute choice modeling come across as simple and straightforward. An amazing feat. The ins-and-outs of a computer code are also taught along with the statistical methods. This integration of computer language within the text is unusual and highly valuable, giving readers all the steps that are needed to implement the methods on their own data.' Kenneth Train, Adjunct Professor, University of California, Berkeley 'With all knowledge, the fundamental concepts constitute the most important part of learning. Hensher et al. have taken this to heart and done a superb job here in explaining the trickiest of discrete choice survey and analysis concepts in a simple, elegant, and intuitive fashion. This book, written by leading authorities in the discrete choice field, is required reading not only for beginners, but also for those experienced researchers who would like to clarify basic concepts. It is a much-needed and welcome addition to a field that is seeing a literal revolution in the analyst's ability to incorporate and estimate realistic behavioral structures. The book holds the hands of readers and walks them through the new developments in the field. Let it not be said any more that the recent advances in discrete choice analysis are beyond the reach of all but the nerdiest of researchers!' Chandra Bhat, University of Texas, Austin


'I cannot imagine a better introduction to choice modeling. The authors manage to bring a vivid, storytelling voice to this complex topic, with language that has personality and rhythm. The various interrelated concepts and procedures that constitute choice modeling come across as simple and straightforward. An amazing feat. The ins-and-outs of a computer code are also taught along with the statistical methods. This integration of computer language within the text is unusual and highly valuable, giving readers all the steps that are needed to implement the methods on their own data.' Kenneth Train, Adjunct Professor, University of California, Berkeley 'With all knowledge, the fundamental concepts constitute the most important part of learning. Hensher et al. have taken this to heart and done a superb job here in explaining the trickiest of discrete choice survey and analysis concepts in a simple, elegant, and intuitive fashion. This book, written by leading authorities in the discrete choice field, is required reading not only for beginners, but also for those experienced researchers who would like to clarify basic concepts. It is a much-needed and welcome addition to a field that is seeing a literal revolution in the analyst's ability to incorporate and estimate realistic behavioral structures. The book holds the hands of readers and walks them through the new developments in the field. Let it not be said any more that the recent advances in discrete choice analysis are beyond the reach of all but the nerdiest of researchers!' Chandra Bhat, University of Texas, Austin


Author Information

David A. Hensher is Director of the Institute of Transport Studies and Professor of Management in the Faculty of Economics and Business at the University of Sydney. John M. Rose is a Lecturer at the Institute of Transport Studies at the University of Sydney. William H. Greene is Professor of Economics and Entertainment and Media Faculty Fellow in the Department of Economics at the Stern School of Business, New York University.

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