Fundamentals of choice models: a syntesis of theoretical, methodological and practical issues
Abstract
This paper synthesizes the fundamentals of discrete choice models. This paper also discusses the basic concepts and theory underlying the econometrics of discrete choice, specific choice models, estimation method, model building and tests, and applications of discrete choice models. The work highlights the relationship between economic theory and discrete choice models: how economic theory contributes to choice modeling and vice versa.
Description
Prosjekttittel: Discrete choice analysis with applications to travel demand