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Advances in random utility models report of the workshop on advances in random utility models duke invitational symposium on choice modeling behavior |
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| Authors: | Joel L. Horowitz Denis Bolduc Suresh Divakar John Geweke Füsun Gönül Vassilis Hajivassiliou Frank S. Koppelman Michael Keane Rosa Matzkin Peter Rossi Paul Ruud |
| Affiliation: | (1) University of Iowa, USA;(2) Université Laval, Canada;(3) State University of New York at Buffalo, USA;(4) University of Minnesota, USA;(5) Carnegie Mellon University, USA;(6) Yale University, USA;(7) Northwestern University, USA;(8) University of Chicago, USA;(9) University of California, Berkeley |
| Abstract: | In recent years, major advances have taken place in three areas of random utility modeling: (1) semiparametric estimation, (2) computational methods for multinomial probit models, and (3) computational methods for Bayesian estimation. This paper summarizes these developments and discusses their implications for practice. |
| Keywords: | multinomial probit semiparametric estimation Bayesian estimation simulation |
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