Choice modelling foundational contributions

Kenneth Train and Melvyn Weeks (2005), 'Discrete Choice Models in Preference Space and Willing-to-Pay Space', in Riccardo Scarpa and Anna Alberini (eds), Applications of Simulation Methods in Environmental and Resource Economics, Chapter 1, Dordrecht, The Netherlands: Springer, 1-16, refer...

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Main Author: Hensher, David A.
Other Authors: Rose, John M.
Format: eBook
Language:English
Published: Cheltenham Edward Elgar Pub. Ltd 2011
Series:Elgar research reviews in economics
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Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
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Summary:Kenneth Train and Melvyn Weeks (2005), 'Discrete Choice Models in Preference Space and Willing-to-Pay Space', in Riccardo Scarpa and Anna Alberini (eds), Applications of Simulation Methods in Environmental and Resource Economics, Chapter 1, Dordrecht, The Netherlands: Springer, 1-16, references
Daly, A.J. and Zachary, S. (1978), 'Improved multiple choice models', in D.A. Hensher and M.Q. Dalvi (eds), Determinants of Travel Choice, Saxon House, Farnborough. -- Debreu, G. (1960), 'Review of R.D. Luce Individual Choice Behavior', American Economic Review, 50, 186-8. -- Domencich, T. and McFadden, D. (1975), Urban Travel Demand, North Holland, Amsterdam. -- Georgescu-Roegen, N. (1954), 'Choice, expectations, and measurability', Quarterly Journal of Economics, LXVIII, 503-34. -- Hensher, D.A. (1972), The Consumer's Choice Function: A Study of Traveller Behaviour and Values, Department of Economics, University of New South Wales. -- Hensher, D.A. (1974), 'A probabilistic disaggregate model of binary mode choice', in D.A. Hensher (ed.), Urban Travel Choice and Demand Modelling, Special Report No. 12, Melbourne, Australian Road Research Board, August, 61-99. --
Moshe Ben-Akiva and Takayuki Morikawa (1990), 'Estimation of Travel Demand Models from Multiple Data Sources', in M. Koshi (ed.), Transportation and Traffic Theory, Proceedings of the 11th ISTTT, Amsterdam, The Netherlands: Elsevier, 461-76 -- M.A. Bradley and A.J. Daly (1997), 'Estimation of Logit Choice Models using Mixed Stated-Preference and Revealed-Preference Information', in Peter Stopher and Martin Lee-Gosselin (eds), Understanding Travel Behaviour in an Era of Change, Chapter 9, Oxford, UK: Pergamon Press, 209-31 -- David Hensher, Jordan Louviere and Joffre Swait (1999), 'Combining Sources of Preference Data', Journal of Econometrics, 89, 197-221 -- David A. Hensher (2006), 'How do Respondents Process Stated Choice Experiments? Attribute Consideration Under Varying Information Load', Journal of Applied Econometrics, 21, 861-78 -- W. Michael Hanemann (1984), 'Discrete/Continuous Models of Consumer Demand', Econometrica, 52 (3), May, 541-61 --
David A. Hensher and William H. Greene (2003), 'The Mixed Logit Model: The State of Practice', Transportation, 30 (2), May, 133-76 -- Michael P. Keane (1997), 'Current Issues in Discrete Choice Modeling', Marketing Letters, 8 (3), July, 307-22 -- Lesley Chiou and Joan L. Walker (2007), 'Masking Identification of Discrete Choice Models Under Simulation Methods', Journal of Econometrics, 141 (2), December, 683-703 -- Peter E. Rossi and Greg M. Allenby (1993), 'A Bayesian Approach to Estimating Household Parameters', Journal of Marketing Research, XXX, May, 171-82 -- Jordan J. Louviere and George Woodworth (1983), 'Design and Analysis of Simulated Consumer Choice or Allocation Experiments: An Approach Based on Aggregate Data', Journal of Marketing Research, XX, November, 350-67 -- Joffre Swait and Jordan Louviere (1993), 'The Role of the Scale Parameter in the Estimation and Comparison of Multinomial Logit Models', Journal of Marketing Research, XXX, August, 305-14 --
Axel Börsch-Supan (1990), 'On the Compatibility of Nested Logit Models with Utility Maximization', Journal of Econometrics, 43 (3), March, 373-88 -- David S. Bunch (1991), 'Estimability in the Multinomial Probit Model', Transportation Research Part B, 25B (1), February, 1-12 -- Joel L. Horowitz (1983), 'Statistical Comparison of Non-Nested Probabilistic Discrete Choice Models', Transportation Science, 17 (3), August, 319-50 -- William H. Greene and David A. Hensher (2003), 'A Latent Class Model for Discrete Choice Analysis: Contrasts with Mixed Logit', Transportation Research Part B, 37 (8), September, 681-98
Recommended readings (Machine generated): Ashton, W.D. (1972), The Logit Transformation, Griffin, London. -- Ben Akiva, M.E. and Lerman, S.R. (1979), 'Disaggregate travel and mobility choice models and measures of accessibility', in D.A. Hensher and P.R. Stopher (eds), Behavioural Travel Modelling, Croom Helm, London. -- Ben-Akiva, M.E., and Morikawa, T. (1991), Estimation of travel demand models from multiple data sources, in Koshi, M. (ed.) Transportation and Traffic Theory, Proceedings of the 11th ISTTT, Elsevier, Amsterdam, 461-476. -- Berkson, J. (1944), 'Application of the logistics function to bioassay', Journal of the American Statistical Association, 39, 357-65. -- Bock, R.D. and Jones, L.V. (1968), The Measurement and Prediction of Judgment and Choice, Holden-Day, San Francisco. -- Bradley, R.A. and Terry, M.E. (1952), 'Rank analysis of incomplete block designs. I The method of paired comparison, Biometrika, 39, 324-45. --
Wilson, A.G., Hawkins, A.F., Hill, G.J. and Wagon, D.J. (1969), 'Calibrating and testing of the SELNEC transport model', Regional Studies, 3 (3), 340-345. -- L.L. Thurstone (1927), 'A Law of Comparative Judgment', Psychological Review, 34, 273-86 -- Jacob Marschak (1960), 'Binary-Choice Constraints and Random Utility Indicators', in Kenneth J. Arrow, Samuel Karlin and Patrick Suppes (eds), Mathematical Methods in Social Sciences, 1959, Chapter 21, Stanford, CA: Stanford University Press, 312-29 -- R. Duncan Luce (1977), 'The Choice Axiom after Twenty Years', Journal of Mathematical Psychology, 15 (3), 215-33 -- John I. Yellott, Jr. (1977), 'The Relationship between Luce's Choice Axiom, Thurstone's Theory of Comparative Judgment, and the Double Exponential Distribution', Journal of Mathematical Psychology, 15 (2), April, 109-44 -- Kelvin J. Lancaster (1966), 'A New Approach to Consumer Theory', Journal of Political Economy, 74 (2), April, 132-57
J. Hayden Boyd and Robert E. Mellman (1980), 'The Effect of Fuel Economy Standards on the U.S. Automotive Market: An Hedonic Demand Analysis', Transportation Research Part A, 14A, 367-78 -- N. Scott Cardell and Frederick C. Dunbar (1980), 'Measuring the Societal Impacts of Automobile Downsizing', Transportation Research Part A, 14A, 423-34 -- David Revelt and Kenneth Train (1998), 'Mixed Logit with Repeated Choices: Households' Choices of Appliance Efficiency Level', Review of Economics and Statistics, LXXX (4), 647-57 -- Daniel McFadden and Kenneth Train (2000), 'Mixed MNL Models for Discrete Response', Journal of Applied Econometrics, 15 (5), 447-70 -- David Brownstone and Kenneth Train (1999), 'Forecasting New Product Penetration with Flexible Substitution Patterns', Journal of Econometrics, 89, 109-29 -- Chandra R. Bhat (2001), 'Quasi-Random Maximum Simulated Likelihood Estimation of the Mixed Multinomial Logit Model', Transportation Research Part B, 35 (7), August, 677-93 --
Choice modelling is an area of growing popularity as many researchers and consultants seek to find better ways to explain the choices made by individuals, households and firms in many application contexts such as transportation, health services, environmental science, marketing, finance, economics, tourism, vacationing, education and employment. Choice modelling as a field began as long ago as 1927 but it was the research in the 1960s and 1970s that cemented the field as a dominant one for studying choice
Louviere, J. and Woodworth, G. (1983), 'Design and analysis of simulated consumer choice or allocation experiments: an approach based on aggregate data', Journal of Marketing Research, 20: 350-367. -- Luce, R.D. (1959), Individual Choice Behavior, Wiley, New York. -- Luce, R.D. and Suppes, P. (1965), 'Preference, utility and subjective probability, in R.D. Luce, R.R. Bush and E. Galanter (eds), Handbook of Mathematical Psychology, Volume III, Wiley, New York. -- Manheim, C.F. (1973), 'Practical implications of some fundamental properties of travel demand models', Highway Research Record, 244, 21-38. -- McFadden, D. (1968), The Revealed Preferences of a Public Bureaucracy, Department of Economics, University of California, Berkeley. -- McFadden, D. (2001), 'Disaggregate behavioural travel demand RUM side - a 30 years retrospective', in D.A. Hensher (ed.), Travel Behaviour Research: The Leading Edge, Pergamon, Oxford, 17-64. --
Moshe Ben-Akiva and Steven R. Lerman (1979), 'Disaggregate Travel and Mobility-Choice Models and Measures of Accessibility', in David A. Hensher and Peter R. Stopher (eds), Behavioural Travel Modelling, Chapter 30, London, UK: Croom Helm, 654-79 -- Charles F. Manski and Steven R. Lerman (1977), 'The Estimation of Choice Probabilities from Choice Based Samples', Econometrica, 45 (8), November, 1977-88 -- Daniel McFadden (1979), 'Quantitative Methods for Analysing Travel Behaviour of Individuals: Some Recent Developments', in David A. Hensher and Peter R. Stopher (eds), Behavioural Travel Modelling, Chapter 13, London, UK: Croom Helm, 279-318 -- Joel L. Horowitz (1984), 'Testing Disaggregate Travel Demand Models by Comparing Predicted and Observed Market Shares', Transportation Research Record, 976, 1-7 --
Jeffrey A. Dubin and Daniel L. McFadden (1984), 'An Econometric Analysis of Residential Electric Appliance Holdings and Consumption', Econometrica, 52 (2), March, 345-62 -- Chandra R. Bhat (2005), 'A Multiple Discrete-Continuous Extreme Value Model: Formulation and Application to Discretionary Time-Use Decisions', Transportation Research Part B, 39 (8), September, 679-707
Quandt, R.E. (1970), The Demand for Travel: Theory and Measurement, Heath, Lexington. -- Restle, F. (1961), Psychology of Judgment and Choice, Wiley, New York. -- Rumelhart, D.L. and Greeno, J.G. (1968), 'Choice between similar and dissimilar objects: an experimental test of the Luce and Restle choice models', presented at the Midwestern Psychological Association meeting, May. -- Stopher, P.R. and Lisco, T. (1970), 'Modeling travel demand: a disaggregate behavioral approach, issues and applications', Transportation Research Forum Proceedings, 195-214. -- Thurstone, L.L. (1945), 'The prediction of choice', Psychometrika, 10, 237-53. -- Wilson, A.G. (1969), The use of entropy maximising models in the theory of trip distribution, mode split and route split, Journal of Transport Economics and Policy, 3, 108-126. -- Williams, H.C.W.L. (1977), 'On the formation of travel demand models and economic evaluation measures of user benefit', Environment and Planning A, 9 (3), 285-344. --
André de Palma, Gordon M. Myers and Yorgos Y. Papageorgiou (1994), 'Rational Choice Under an Imperfect Ability to Choose', American Economic Review, 84 (3), June, 419-40 -- Charles F. Manski (1977), 'The Structure of Random Utility Models', Theory and Decision, 8, 229-54 -- Daniel McFadden (1974), 'Conditional Logit Analysis of Qualitative Choice Behavior', in Paul Zarembka (ed.), Frontiers in Econometrics, Chapter 4, New York, NY and London, UK: Academic Press, 105-42 -- H.C.W.L. Williams (1977), 'On the Formation of Travel Demand Models and Economic Evaluation Measures of User Benefit', Environment and Planning A, 9, 285-344 -- Kenneth A. Small and Harvey S. Rosen (1981), 'Applied Welfare Economics with Discrete Choice Models', Econometrica, 49 (1), January, 105-30 --
Carlos F. Daganzo, Fernando Bouthelier and Yosef Sheffi (1977), 'Multinomial Probit and Qualitative Choice: A Computationally Efficient Algorithm', Transportation Science, 11 (4), November, 338-58 -- Daniel McFadden (1989), 'A Method of Simulated Moments for Estimation of Discrete Response Models Without Numerical Integration', Econometrica, 57 (5), September, 995-1026 -- Andrew Daly (1987), 'Estimating "Tree " Logit Models', Transportation Research Part B, 21B (4), August, 251-67 -- David A. Hensher and William H. Greene (2002), 'Specification and Estimation of the Nested Logit Model: Alternative Normalisations', Transportation Research Part B, 36 (1), January, 1-17 -- Frank S. Koppelman and Chieh-Hua Wen (1998), 'Alternative Nested Logit Models: Structure, Properties and Estimation', Transportation Research Part B, 32B (5), June, 289-98 --
Hensher, D.A. and Bradley, M. (1993), 'Using stated response data to enrich revealed preference discrete choice models', Marketing Letters, 4 (2), 139-52. -- Hull, C.L. (1943), Principles of Behavior, Appleton-Century, New York. -- Lave, C.A. (1970a), Value of Time, Department of Economics, Stanford University. -- Lave, C. (1970b), 'The demand for urban mass transit', Review of Economics and Statistics, 52, 320-23. -- Lisco, T. (1967), The Value of Commuters' Travel Time: A Study in Urban Transportation, University of Chicago, Ph.D. dissertation. -- Louviere, J.J. and Hensher, D.A. (1982), 'On the design and analysis of simulated choice or allocation experiments in travel choice modelling', Transportation Research Record No. 890, 11-17. -- Louviere, J.J. and Hensher, D.A. (1983), 'Using discrete choice models with experimental design data to forecast consumer demand for a unique cultural event', Journal of Consumer Research, 10 (3), 348-61
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ISBN:9781784714246