Applied Discrete-Choice Modelling

This book contains the following appendices: on the identification of the functional form of the utility expression and its relationship to discrete choice, by louviere, jj; and sampling, specification and data errors in probabilistic discrete choice models, by horowitz, j.

Abstract

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.