Handbook of Choice Modelling

Edited by Stephane Hess and Andrew Daly

in Books from Edward Elgar Publishing

Abstract: Choice modelling is an increasingly important technique for forecasting and valuation, with applications in fields such as transportation, health and environmental economics. For this reason it has attracted attention from leading academics and practitioners and methods have advanced substantially in recent years. This Handbook, composed of contributions from senior figures in the field, summarises the essential analytical techniques and discusses the key current research issues. It will be of interest to academics, students and practitioners in a wide range of areas.

Keywords: Economics and Finance; Environment; Urban and Regional Studies (search for similar items in EconPapers)
JEL-codes: R0 (search for similar items in EconPapers)
Date: 2014
ISBN: 9781781003145
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Chapters in this book:

Ch 1 Introduction , pp 1-4

Stephane Hess and Andrew Daly

Ch 2 The new science of pleasure: consumer choice behavior and the measurement of well-being , pp 7-48

Daniel McFadden

Ch 3 Psychological research and theories on preferential choice , pp 49-72

Jerome R. Busemeyer and Jörg Rieskamp

Ch 4 Towards a more complex model of risky choice , pp 73-98

Graham Loomes and Simone Blackburn

Ch 5 Choice context , pp 101-130

Konstadinos G. Goulias and Ram M. Pendyala

Ch 6 Self-tracing and reporting: state of the art in the capture of revealed behaviour , pp 131-151

Nadine Rieser-Schüssler and Kay W. Axhausen

Ch 7 Stated choice experimental design theory: the who, the what and the why , pp 152-177

John Rose and Michiel Bliemer

Ch 8 Best-worst scaling: theory and methods , pp 178-201

T.N. Flynn and A.A.J. Marley

Ch 9 The discrete choice experiment approach to environmental contingent valuation , pp 202-235

Richard Carson and Mikolaj Czajkowski

Ch 10 Real choices and hypothetical choices , pp 236-254

Glenn Harrison

Ch 11 Nonparametric approaches to describing heterogeneity , pp 257-267

Mogens Fosgerau

Ch 12 Attribute processing as a behavioural strategy in choice making , pp 268-289

David Hensher

Ch 13 Capturing alternative decision rules in travel choice models: a critical discussion , pp 290-310

Caspar Chorus

Ch 14 Latent class structures: taste heterogeneity and beyond , pp 311-330

Stephane Hess

Ch 15 Models for ordered choices , pp 333-362

William Greene

Ch 16 Discrete choice decision-making with multiple decision-makers within the household , pp 363-382

André de Palma, Nathalie Picard and Ignacio Inoa

Ch 17 Hybrid choice models , pp 383-412

Maya Abou-Zeid and Moshe Ben-Akiva

Ch 18 Choice modeling and risk management , pp 413-426

Glenn Harrison and Jimmy Martínez-Correa

Ch 19 Multiple discrete-continuous choice models: a reflective analysis and a prospective view , pp 427-454

Chandra Bhat and Abdul Pinjari

Ch 20 Bayesian estimation of random utility models , pp 457-497

Peter Lenk

Ch 21 Simple ways to estimate choice models for single consumers , pp 498-518

Bart Frischknecht, Christine Eckert, Jordan Louviere and Tiago Ribeiro

Ch 22 Hybrid choice models: the identification problem , pp 519-564

Akshay Vij and Joan L. Walker

Ch 23 Numerical methods for optimization-based model estimation and inference , pp 565-598

David S. Bunch

Ch 24 Appraisal , pp 601-626

Anders Karlström

Ch 25 Forecasting choice , pp 627-646

Andrew Daly

Ch 26 Deciding how to decide: an agenda for multi-stage choice modelling research in marketing , pp 649-660

Joffre Swait and Fred Feinberg

Ch 27 Choice modelling research in environmental and resource economics , pp 661-674

Wiktor Adamowicz, Klaus Glenk and Jürgen Meyerhoff

Ch 28 Choice modelling research in health economics , pp 675-687

Emily Lancsar and Peter Burge

Ch 29 Transport research needs , pp 688-698

Juan de Dios Ortúzar, Elisabetta Cherchi and Luis Ignacio Rizzi

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