Talk:Discrete choice
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Untitled
editMerged from Discrete Choice Models completed. - Dcm09
Merger proposal
editI have added this tag as the coverage looks the same. There may be some ideas or references that can be copied over. Not sure what to do about the transwiki tag. Melcombe (talk) 12:36, 11 March 2009 (UTC)
Merger Completed
editI merged Discrete Choice Anaysis page to this page. Most ideas and references are transferred over.Dcm09 (talk) 12:35, 27 March 2009 (UTC)
Isn't this just classification?
editIs there any mathematical difference between "discrete choice analysis" and what is called classification in other fields, e.g. machine learning? QVVERTYVS (hm?) 09:44, 22 October 2013 (UTC)
Dr. Czajkowski's comment on this article
editDr. Czajkowski has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
The article could be made more balanced but overall it is fairly detailed.
Some other reading suggestions: Hess, S., and Daly, A., eds. 2014. Handbook of choice modelling. Edward Elgar, Northampton, MA.
Hensher Rose Greene have a newer edition.
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- Reference : Mikoaj Czajkowski & Wiktor Budzinski & Danny Campbell & Marek Giergiczny & Nick Hanley, 2015. "Spatial heterogeneity of willingness to pay for forest management," Working Papers 2015-06, Faculty of Economic Sciences, University of Warsaw.
Dr. Gogas's comment on this article
editDr. Gogas has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
The article is an excellent overview of the relevant theory and applications on real life phenomena. I would add a few more extensions with the use of machine learning in classification.
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- Reference : Gogas, Periklis & Pragidis, Ioannis, 2010. "GDP Trend Deviations and the Yield Spread: the Case of Five E.U. Countries," DUTH Research Papers in Economics 2-2010, Democritus University of Thrace, Department of Economics.
Dr. Shen's comment on this article
editDr. Shen has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
Mixed logit[9][10][19], - Allows any form of correlation and substitution patterns.[20] When a mixed logit is with jointly normal random terms, the models is sometimes called "multinomial probit model with logit kernel"[21] Can be applied to route choice.[22]
It is better to add "also called random parameter logit" after "Mixed logit".
In addition, a latent class logit model (Greene and Hensher, 2003; Shen, 2009) and a latent class mixed multinomial logit model (Greene and Hensher, 2013) should also be introduced in the section of "Multinomial choice with correlation among alternatives".
References Greene, W., and D. Hensher. 2003. "A latent class model for discrete choice analysis: contrasts with mixed logit". Transportation Research Part B: Methodological 37(8): 681-698. Greene, W., and D. Hensher. 2013.“Revealing additional dimensions of preference heterogeneity in a latent class mixed multinomial logit model.” Applied Economics 45(14): 1897-1902.
Shen. 2009. "Latent class model or mixed logit model? A comparison by transport mode choice data". Applied Economics 41(22): 2915-2924.
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Dr. Shen has published scholarly research which seems to be relevant to this Wikipedia article:
- Reference : Yusuke Sakata & Junyi Shen & Yoshizo Hashimoto, 2006. "The Influence of Environmental Deterioration and Network Improvement on Transport Modal Choice," Discussion Papers in Economics and Business 06-04, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
Dr. Winkelmann's comment on this article
editDr. Winkelmann has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
Minor points
Subsection "Consumer utility"
here, choosing i requires that U_ni>U_nj \forall i \neq j
the "for all" is missing and should be added.
Subsection "Prominent types of discrete choice models"better "binary choice" than "Binomial choice models" to make it consistent with what follows
General impression:
3.1. could be somewhat shortened: combine probit and logit
Nothing on estimation
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We believe Dr. Winkelmann has expertise on the topic of this article, since he has published relevant scholarly research:
- Reference : Baetschmann, Gregori & Staub, Kevin E. & Winkelmann, Rainer, 2011. "Consistent Estimation of the Fixed Effects Ordered Logit Model," IZA Discussion Papers 5443, Institute for the Study of Labor (IZA).
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Split dynamic discrete choice
editI did a bold WP:SPLIT and moved the dynamic discrete choice section to its own article. Dynamic discrete choice is conceptually different from the models described here, and practically it's very different (see the Estimation section). It's also primarily of interest to economics, while discrete choice is more broadly used. Few of the incoming links here were actually for dynamic discrete choice. Wikiacc (¶) 23:38, 21 May 2019 (UTC)