Stated Choice Methods

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Stated Choice Methods

Jordan J. Louviere,David A. Hensher,Joffre D. Swait
Stated Choice Methods Book PDF

Author : Jordan J. Louviere,David A. Hensher,Joffre D. Swait
Publisher : Cambridge University Press
Page : 418 pages
File Size : 41,7 Mb
Release : 2000-09-28
Category : Business & Economics
ISBN : 9781107717510

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Stated Choice Methods by Jordan J. Louviere,David A. Hensher,Joffre D. Swait Pdf

Understanding and predicting the behaviour of decision makers when choosing among discrete goods has been one of the most fruitful areas of applied research over the last thirty years. An understanding of individual consumer behaviour can lead to significant changes in product or service design, pricing strategy, distribution channel and communication strategy selection, as well as public welfare analysis. This graduate and practitioner guide, first published in 2000, deals with the study and prediction of consumer choice behaviour, concentrating on stated preference (SP) methods - placing decision makers in controlled experiments that yield hypothetical choices - rather than revealed preferences (RP) - actual choices in the market. It shows how SP methods can be implemented, from experimental design to econometric modelling, and suggests how to combine RP and SP data to get the best from each type. The book also presents an update of econometric approaches to choice modelling.

Stated Choice Methods

Jordan J. Louviere,David A. Hensher,Joffre D. Swait
Stated Choice Methods Book PDF

Author : Jordan J. Louviere,David A. Hensher,Joffre D. Swait
Publisher : Cambridge University Press
Page : 436 pages
File Size : 49,8 Mb
Release : 2000-09-28
Category : Business & Economics
ISBN : 0521788307

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Stated Choice Methods by Jordan J. Louviere,David A. Hensher,Joffre D. Swait Pdf

A multidisciplinary graduate and practitioner guide, first published in 2000, which offers the theory and application of stated choice methods.

The Construction of Optimal Stated Choice Experiments

Deborah J. Street,Leonie Burgess
The Construction of Optimal Stated Choice Experiments Book PDF

Author : Deborah J. Street,Leonie Burgess
Publisher : John Wiley & Sons
Page : 344 pages
File Size : 40,5 Mb
Release : 2007-07-20
Category : Mathematics
ISBN : 9780470148556

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The Construction of Optimal Stated Choice Experiments by Deborah J. Street,Leonie Burgess Pdf

The most comprehensive and applied discussion of stated choice experiment constructions available The Construction of Optimal Stated Choice Experiments provides an accessible introduction to the construction methods needed to create the best possible designs for use in modeling decision-making. Many aspects of the design of a generic stated choice experiment are independent of its area of application, and until now there has been no single book describing these constructions. This book begins with a brief description of the various areas where stated choice experiments are applicable, including marketing and health economics, transportation, environmental resource economics, and public welfare analysis. The authors focus on recent research results on the construction of optimal and near-optimal choice experiments and conclude with guidelines and insight on how to properly implement these results. Features of the book include: Construction of generic stated choice experiments for the estimation of main effects only, as well as experiments for the estimation of main effects plus two-factor interactions Constructions for choice sets of any size and for attributes with any number of levels A discussion of designs that contain a none option or a common base option Practical techniques for the implementation of the constructions Class-tested material that presents theoretical discussion of optimal design Complete and extensive references to the mathematical and statistical literature for the constructions Exercise sets in most chapters, which reinforce the understanding of the presented material The Construction of Optimal Stated Choice Experiments serves as an invaluable reference guide for applied statisticians and practitioners in the areas of marketing, health economics, transport, and environmental evaluation. It is also ideal as a supplemental text for courses in the design of experiments, decision support systems, and choice models. A companion web site is available for readers to access web-based software that can be used to implement the constructions described in the book.

Stated Preference Methods Using R

Hideo Aizaki,Tomoaki Nakatani,Kazuo Sato
Stated Preference Methods Using R Book PDF

Author : Hideo Aizaki,Tomoaki Nakatani,Kazuo Sato
Publisher : CRC Press
Page : 258 pages
File Size : 40,6 Mb
Release : 2014-08-15
Category : Mathematics
ISBN : 9781439890479

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Stated Preference Methods Using R by Hideo Aizaki,Tomoaki Nakatani,Kazuo Sato Pdf

Stated Preference Methods Using R explains how to use stated preference (SP) methods, which are a family of survey methods, to measure people’s preferences based on decision making in hypothetical choice situations. Along with giving introductory explanations of the methods, the book collates information on existing R functions and packages as well as those prepared by the authors. It focuses on core SP methods, including contingent valuation (CV), discrete choice experiments (DCEs), and best–worst scaling (BWS). Several example data sets illustrate empirical applications of each method with R. Examples of CV draw on data from well-known environmental valuation studies, such as the Exxon Valdez oil spill in Alaska. To explain DCEs, the authors use synthetic data sets related to food marketing and environmental valuation. The examples illustrating BWS address valuing agro-environmental and food issues. All the example data sets and code are available on the authors’ website, CRAN, and R-Forge, allowing readers to easily reproduce working examples. Although the examples focus on agricultural and environmental economics, they provide beginners with a good foundation to apply SP methods in other fields. Statisticians, empirical researchers, and advanced students can use the book to conduct applied research of SP methods in economics and market research. The book is also suitable as a primary text or supplemental reading in an introductory-level, hands-on course.

Discrete Choice Methods with Simulation

Kenneth Train
Discrete Choice Methods with Simulation Book PDF

Author : Kenneth Train
Publisher : Cambridge University Press
Page : 399 pages
File Size : 46,7 Mb
Release : 2009-07-06
Category : Business & Economics
ISBN : 9780521766555

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Discrete Choice Methods with Simulation by Kenneth Train Pdf

This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. 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. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.

Handbook of Choice Modelling

Stephane Hess,Andrew Daly
Handbook of Choice Modelling Book PDF

Author : Stephane Hess,Andrew Daly
Publisher : Edward Elgar Publishing
Page : 720 pages
File Size : 46,8 Mb
Release : 2014-08-29
Category : Business & Economics
ISBN : 9781781003152

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Handbook of Choice Modelling by Stephane Hess,Andrew Daly Pdf

The Handbook of Choice Modelling, composed of contributions from senior figures in the field, summarizes the essential analytical techniques and discusses the key current research issues. The book opens with Nobel Laureate Daniel McFadden calling for d

Applied Choice Analysis

David A. Hensher,John M. Rose,William H. Greene
Applied Choice Analysis Book PDF

Author : David A. Hensher,John M. Rose,William H. Greene
Publisher : Cambridge University Press
Page : 1219 pages
File Size : 45,9 Mb
Release : 2015-06-11
Category : Business & Economics
ISBN : 9781107092648

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Applied Choice Analysis by David A. Hensher,John M. Rose,William H. Greene Pdf

A fully updated second edition of this popular introduction to applied choice analysis, written for graduate students, researchers, professionals and consultants.

Environmental Valuation with Discrete Choice Experiments

Petr Mariel,David Hoyos,Jürgen Meyerhoff,Mikolaj Czajkowski,Thijs Dekker,Klaus Glenk,Jette Bredahl Jacobsen,Ulf Liebe,Søren Bøye Olsen,Julian Sagebiel,Mara Thiene
Environmental Valuation with Discrete Choice Experiments Book PDF

Author : Petr Mariel,David Hoyos,Jürgen Meyerhoff,Mikolaj Czajkowski,Thijs Dekker,Klaus Glenk,Jette Bredahl Jacobsen,Ulf Liebe,Søren Bøye Olsen,Julian Sagebiel,Mara Thiene
Publisher : Springer Nature
Page : 136 pages
File Size : 42,8 Mb
Release : 2020-11-30
Category : Business & Economics
ISBN : 9783030626693

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Environmental Valuation with Discrete Choice Experiments by Petr Mariel,David Hoyos,Jürgen Meyerhoff,Mikolaj Czajkowski,Thijs Dekker,Klaus Glenk,Jette Bredahl Jacobsen,Ulf Liebe,Søren Bøye Olsen,Julian Sagebiel,Mara Thiene Pdf

This open access book offers up-to-date advice and practical guidance on how to undertake a discrete choice experiment as a tool for environmental valuation. It discusses crucial issues in designing, implementing and analysing choice experiments. Compiled by leading experts in the field, the book promotes discrete choice analysis in environmental valuation through a more solid scientific basis for research practice. Instead of providing strict guidelines, the book helps readers avoid common mistakes often found in applied work. It is based on the collective reflections of the scientific network of researchers using discrete choice modelling in the field of environmental valuation (www.envecho.com).

Valuing Environmental Amenities Using Stated Choice Studies

Barbara J. Kanninen
Valuing Environmental Amenities Using Stated Choice Studies Book PDF

Author : Barbara J. Kanninen
Publisher : Springer Science & Business Media
Page : 344 pages
File Size : 45,5 Mb
Release : 2007-05-31
Category : Business & Economics
ISBN : 9781402053139

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Valuing Environmental Amenities Using Stated Choice Studies by Barbara J. Kanninen Pdf

This book provides practical, research-based advice on how to conduct high-quality stated choice studies. It covers every aspect of the topic, from planning and writing the survey, to analyzing results, to evaluating quality. There is no other book on the market today that so thoroughly addresses the methodology of stated choice. Chapters are written by top-notch academics and practitioners in an accessible style, offering practical, tough advice.

Discrete Choice Methods with Simulation

Kenneth Train
Discrete Choice Methods with Simulation Book PDF

Author : Kenneth Train
Publisher : Cambridge University Press
Page : 346 pages
File Size : 47,9 Mb
Release : 2003-01-13
Category : Business & Economics
ISBN : 0521017157

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Discrete Choice Methods with Simulation by Kenneth Train Pdf

Table of contents

Best-Worst Scaling

Jordan J. Louviere,Terry N. Flynn,A. A. J. Marley
Best Worst Scaling Book PDF

Author : Jordan J. Louviere,Terry N. Flynn,A. A. J. Marley
Publisher : Cambridge University Press
Page : 363 pages
File Size : 55,9 Mb
Release : 2015-09-23
Category : Business & Economics
ISBN : 9781107043152

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Best-Worst Scaling by Jordan J. Louviere,Terry N. Flynn,A. A. J. Marley Pdf

First systematic treatment of best-worst scaling, explaining how to implement, analyze, and apply the theory across a range of disciplines.

Discrete Choice Analysis

Moshe E. Ben-Akiva,Steven R. Lerman
Discrete Choice Analysis Book PDF

Author : Moshe E. Ben-Akiva,Steven R. Lerman
Publisher : MIT Press
Page : 424 pages
File Size : 55,7 Mb
Release : 1985
Category : Architecture
ISBN : 0262022176

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Discrete Choice Analysis by Moshe E. Ben-Akiva,Steven R. Lerman Pdf

Discrete Choice Analysis presents these results in such a way that they are fully accessible to the range of students and professionals who are involved in modelling demand and consumer behavior in general or specifically in transportation - whether from the point of view of the design of transit systems, urban and transport economics, public policy, operations research, or systems management and planning. The methods of discrete choice analysis and their applications in the modelling of transportation systems constitute a comparatively new field that has largely evolved over the past 15 years. Since its inception, however, the field has developed rapidly, and this is the first text and reference work to cover the material systematically, bringing together the scattered and often inaccessible results for graduate students and professionals. Discrete Choice Analysis presents these results in such a way that they are fully accessible to the range of students and professionals who are involved in modelling demand and consumer behavior in general or specifically in transportation - whether from the point of view of the design of transit systems, urban and transport economics, public policy, operations research, or systems management and planning. The introductory chapter presents the background of discrete choice analysis and context of transportation demand forecasting. Subsequent chapters cover, among other topics, the theories of individual choice behavior, binary and multinomial choice models, aggregate forecasting techniques, estimation methods, tests used in the process of model development, sampling theory, the nested-logit model, and systems of models. Discrete Choice Analysis is ninth in the MIT Press Series in Transportation Studies, edited by Marvin Manheim.

Using Discrete Choice Experiments to Value Health and Health Care

Mandy Ryan,Karen Gerard,Mabel Amaya-Amaya
Using Discrete Choice Experiments to Value Health and Health Care Book PDF

Author : Mandy Ryan,Karen Gerard,Mabel Amaya-Amaya
Publisher : Springer Science & Business Media
Page : 265 pages
File Size : 47,8 Mb
Release : 2007-10-23
Category : Business & Economics
ISBN : 9781402057533

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Using Discrete Choice Experiments to Value Health and Health Care by Mandy Ryan,Karen Gerard,Mabel Amaya-Amaya Pdf

This work takes a fresh and contemporary look at the growing interest in the development and application of discrete choice experiments (DCEs) within the field of health economics. The book comprises chapters by highly regarded academics with experience of applying DCEs in the area of health. Thus the book is relevant to post-graduate students and applied researchers with an interest in the use of DCEs for valuing health and health care and has international appeal.

Measuring the Value of Culture

Jeanette D. Snowball
Measuring the Value of Culture Book PDF

Author : Jeanette D. Snowball
Publisher : Springer Science & Business Media
Page : 236 pages
File Size : 51,7 Mb
Release : 2007-10-25
Category : Business & Economics
ISBN : 9783540743606

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Measuring the Value of Culture by Jeanette D. Snowball Pdf

This book documents the use of methods that put a value on cultural goods, including theater, cultural events, museums, archeological sites, and libraries. The author sets forth the advantages and disadvantages of each method using case studies to illustrate how they work. Moreover, the theoretical background of the methods and the kind of information they can provide are discussed. Both market and non-market valuation techniques are covered.

Applied Choice Analysis

David A. Hensher,John M. Rose,William H. Greene
Applied Choice Analysis Book PDF

Author : David A. Hensher,John M. Rose,William H. Greene
Publisher : Cambridge University Press
Page : 746 pages
File Size : 50,6 Mb
Release : 2005-06-02
Category : Business & Economics
ISBN : 0521844266

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Applied Choice Analysis by David A. Hensher,John M. Rose,William H. Greene Pdf

Almost without exception, everything human beings undertake involves a choice. In recent years there has been a growing interest in the development and application of quantitative statistical methods to study choices made by individuals with the purpose of gaining a better understanding both of how choices are made and of forecasting future choice responses. In this primer the authors provide an unintimidating introduction to the main techniques of choice analysis and include detail on themes such as data collection and preparation, model estimation and interpretation and the design of choice experiments. A companion website to the book provides practice data sets and software to estimate the main discrete choice models such as multinomial logit, nested logit and mixed logit. This primer will be an invaluable resource to students as well as of immense value to consultants and professionals, researchers and anyone else interested in choice analysis and modelling.