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- This course will survey techniques used in modeling discrete data. Discrete choice models have become an essential tool in modeling individual behavior. The techniques are used in all social sciences, health economics, medical research, marketing research, transport research, and in a constellation of other disciplines.
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In this five-day course, you’ll work with leading MIT experts to discover how to apply discrete choice techniques; analyze challenges related to data collection, model formulation, estimation, testing, and forecasting; and assess online applications that drive optimization and personalization of results.
Professor William. Greene e-mail: wgreene@stern.nyu.edu. This course will survey techniques used in discrete choice modeling in cross section, panel and stated choice data. Discrete choice models have become an essential tool in modeling individual behavior.
Aug 26, 2023 · DCE is an attribute-based measure of preference. DCE is built on the assumptions that a situation (i.e., a product, a service, or an intervention) can be described by its attributes and that a decision-maker’s valuation would depend upon different levels of these attributes.
Discrete Choice Modeling. Professor William. Greene e-mail: wgreene@stern.nyu.edu. Professor’s Home Page: http://www.stern.nyu.edu/~wgreene. Abstract. This course will survey techniques used in modeling discrete data. Discrete choice models have become an essential tool in modeling individual behavior.
The course will include lectures that develop the relevant theory and extensive practical, laboratory applications. Emphasis in the laboratory sessions will be on estimation of discrete choice and stochastic frontier models and using them to describe behavior and to predict discrete outcomes.
In economics, discrete choice models, or qualitative choice models, describe, explain, and predict choices between two or more discrete alternatives, such as entering or not entering the labor market, or choosing between modes of transport.
May 1, 2024 · The course is designed for those who need to perform discrete choice analysis in healthcare and those who need to understand the issues that health researchers face when performing these analyses. This could include researchers and decision makers from public, commercial, and academic organisations concerned with understanding health preferences.
