Handbook of Choice Modelling
Edward Elgar Publishing Ltd (Verlag)
978-1-78100-314-5 (ISBN)
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This Handbook provides an authoritative and in-depth overview of the essential topics related to the increasingly important field of choice modeling: a key tool for the understanding of behavior and used to support decision-making across many areas such as transportation, health economics, environmental analysis and marketing.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 deeper engagement with more behavioural and psychological fields, and this is followed by supporting chapters on behavioural economics and mathematical psychology. Further chapters explore the elicitation of data and the context of observation; inter-personal variation; the modeling of complex choice processes taking account of heterogeneity; extending the models to deal with more complex choices; statistical processes for the understanding of data; and finally the practical application of these methods. A final group of chapters discusses the research needs of specific application areas.
Offering a unique collection of contributions from many of the top researchers in choice modeling, this Handbook provides essential reading for academics, students and practitioners in a wide range of areas.
Contributors: M. Abou Zeid, W.L. Adamowicz, K.W. Axhausen, M. Ben-Akiva, C. Bhat, S. Blackburn, M.C.J. Bliemer, D.S. Bunch, P. Burge, J.R.Busemeyer, R.T. Carson, E. Cherchi, C.G. Chorus, M. Czajkowski, A. Daly, A. de Palma, C. Eckert, F. Feinberg, T.N. Flynn, M. Fosgerau, B. Frischknecht, K. Glenk, K.G. Goulias, W. Greene, G.W. Harrison, D. Hensher, S. Hess, I. Inoa, A. Karlström, E. Lancsar, P. Lenk, G. Loomes, J. Louviere, A.A.J. Marley, J. Martínez-Correa, D. McFadden, J. Meyerhoff, J. de Dios Ortúzar, R.M.Pendyala, N. Picard, A. Pinjari, T. Ribeiro, N. Rieser-Schüssler, J. Rieskamp, L.I. Rizzi, J.M. Rose, J. Swait, A. Vij, J.L. Walker
Edited by Stephane Hess, Professor of Choice Modelling and Andrew Daly, Professor Emeritus, University of Leeds, UK
Contents:
1. Introduction
Stephane Hess and Andrew Daly
PART I: FOUNDATIONS
2. The New Science of Pleasure: Consumer Choice Behavior and the Measurement of Well-Being
Daniel McFadden
3. Psychological Research and Theories on Preferential Choice
Jerome R. Busemeyer and Jörg Rieskamp
4. Towards a More Complex Model of Risky Choice
Graham Loomes and Simone Blackburn
PART II: OBSERVING PREFERENCES
5. Choice Context
Konstadinos G. Goulias and Ram M. Pendyala
6. Self-tracing and Reporting: State-of-the-Art in the Capture of Revealed Behaviour
Nadine Rieser-Schüssler and Kay W. Axhausen
7. Stated Choice Experimental Design Theory: The Who, the What and the Why
John M. Rose and Michiel C.J. Bliemer
8. Best Worst Scaling: Theory and Methods
Terry N. Flynn and A.A.J. Marley
9. The Discrete Choice Experiment Approach to Environmental Contingent Valuation
Richard T. Carson and Mikolaj Czajkowski
10. Real Choices and Hypothetical Choices
Glenn W. Harrison
PART III: MODELLING HETEROGENEITY
11. Nonparametric Approaches to the Describing Heterogeneity
Mogens Fosgerau
12. Attribute Processing as a Behavioural Strategy in Choice Making
David Hensher
13. Capturing Alternative Decision Rules in Travel Choice Models: A Critical Discussion
Caspar G. Chorus
14. Latent Class Structures: Taste Heterogeneity and Beyond
Stephane Hess
PART IV: GOING BEYOND SIMPLE DISCRETE CHOICE
15. Models for Ordered Choices
William Greene
16. Discrete Choice Decision-Making with Multiple Decision Makers Within the Household
André de Palma, Nathalie Picard and Ignacio Inoa
17. Hybrid Choice Models
Maya Abou Zeid and Moshe Ben-Akiva
18. Choice Modeling and Risk Management
Glenn W. Harrison and Jimmy Martínez-Correa
19. Multiple Discrete-Continuous Choice Models: A Reflective Analysis and a Prospective View
Chandra Bhat and Abdul Pinjari
PART V: SPECIFICATION, ESTIMATION AND INFERENCE
20. Bayesian Estimation of Random Utility Models
Peter Lenk
21. Simple Ways to Estimate Choice Models for Single Consumers
Bart Frischknecht, Christine Eckert, Jordan Louviere and Tiago Ribeiro
22. Hybrid Choice Models: The Identification Problem
Akshay Vij and Joan L. Walker
23. Numerical Methods for Optimization-based Model Estimation and Inference
David S. Bunch
PART VI: ANALYSIS AND USE OF RESULTS
24. Appraisal
Anders Karlström
25. Forecasting
Andrew Daly
PART VII: AREA SPECIFIC RESEARCH NEEDS
26. Deciding How to Decide: An Agenda for Multi-Stage Choice Modeling Research in Marketing
Joffre Swait and Fred Feinberg
27. Choice Modelling Research in Environmental and Resource Economics
Wiktor L. Adamowicz, Klaus Glenk and Jürgen Meyerhoff
28. Choice Modelling Research in Health Economics
Emily Lancsar and Peter Burge
29. Transport Research Needs
Juan de Dios Ortúzar, Elisabetta Cherchi and Luis Ignacio Rizzi
Index
| Erscheint lt. Verlag | 29.8.2014 |
|---|---|
| Verlagsort | Cheltenham |
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Themenwelt | Mathematik / Informatik ► Mathematik ► Angewandte Mathematik |
| Naturwissenschaften ► Biologie ► Ökologie / Naturschutz | |
| Sozialwissenschaften ► Soziologie | |
| Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie | |
| Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie | |
| ISBN-10 | 1-78100-314-9 / 1781003149 |
| ISBN-13 | 978-1-78100-314-5 / 9781781003145 |
| Zustand | Neuware |
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