Overview
- Introduces a regret minimization-based approach to discrete choice modeling
- The approach provides a promising alternative to utility maximization-based choice models
- Detailed discussion of the regret-based model’s properties and empirical applicability
- Working knowledge of choice modeling is presupposed, advanced econometric skills not needed
- Includes supplementary material: sn.pub/extras
Part of the book series: SpringerBriefs in Business (BRIEFSBUSINESS)
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Table of contents (5 chapters)
Keywords
About this book
Reviews
From the reviews:
“A brief tutorial on the use of a random discrete choice model that was recently developed by the author with collaborators. … The book is mainly of interest to applied decision modelers who want an entry point to the author’s recent body of work.” (Jörg Stoye, Zentralblatt MATH, Vol. 1260, 2013)Authors and Affiliations
Bibliographic Information
Book Title: Random Regret-based Discrete Choice Modeling
Book Subtitle: A Tutorial
Authors: Caspar G. Chorus
Series Title: SpringerBriefs in Business
DOI: https://doi.org/10.1007/978-3-642-29151-7
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Business and Management (R0)
Copyright Information: The Author(s) 2012
Softcover ISBN: 978-3-642-29150-0Published: 07 April 2012
eBook ISBN: 978-3-642-29151-7Published: 05 April 2012
Series ISSN: 2191-5482
Series E-ISSN: 2191-5490
Edition Number: 1
Number of Pages: VIII, 55
Number of Illustrations: 11 b/w illustrations
Topics: Operations Research/Decision Theory, Operations Research, Management Science, Organization, Econometrics, Engineering Economics, Organization, Logistics, Marketing
Industry Sectors: Biotechnology, Consumer Packaged Goods, Electronics, Engineering, Finance, Business & Banking, IT & Software