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A fast estimation procedure for discrete choice random coefficients demand model

Dong-Hyuk Kim, Yong Song () and Huaxin Xu

Applied Economics, 2017, vol. 49, issue 58, 5849-5855

Abstract: We document speed-up gains of graphical processing unit (GPU) computing over central processing unit (CPU) for the estimation of discrete choice random coefficient demand model. When we use a moderate-sized GPU, the computation is six to twenty times faster, where the smallest speed-up factor, six, is obtained from a comparison with the parallel computing over sixteen CPU cores.

Date: 2017
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DOI: 10.1080/00036846.2017.1349289

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