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Random Regret-Based Discrete Choice Modeling: A Tutorial (SpringerBriefs in Business) Book
Random Regret-based Discrete Choice Modeling This tutorial presents a hands-on introduction to a new discrete choice modeling approach based on the behavioral notion of regret-minimization. This so-called Random Regret Minimization-approach (RRM) forms a counterpart of the Random Utility Maximization-approach (RUM) to discrete choice modeling, which has for decades dominated the field of choice modeling and adjacent fields such as transportation, marketing and environmental economics. Being as parsimonious as conventional RUM-models and compatible with popular software packages, the RRM-approach provides an alternative and appealing account of choice behavior. Rather than providing highly technical dis...Read More
from£44.99 | RRP: * Excludes Voucher Code Discount Also available Used from £91.64
- 0817684115
- 9780817684112
- Caspar G. Chorus
- 7 April 2012
- Springer
- Paperback (Book)
- 64
- 2012
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