Discrete Choice Models: Mathematical Methods, Econometrics, and Data Science - Hardcover

Galichon, Alfred

Hardcover

ISBN 10: 0691221804 ISBN 13: 9780691221809

Publisher: Princeton University Press, 2026

Synopsis

A foundational treatment of discrete choice models, with a focus on random utility models

Discrete choice models are essential tools for understanding decision-making when individuals must choose among alternatives. They have applications across the social sciences, notably in economics, marketing, and political science. This book offers a foundational treatment of discrete choice models, introducing the logit model and its generalizations, logistic and Poisson regressions, and generalized linear models, and demonstrates their use in analyzing important econometric models. These include international trade gravity, demand estimation, matching with and without transfers, hedonic markets, and dynamic discrete choice. Bridging theoretical clarity and practical applicability, the book is suitable for use in graduate-level coursework and will be an essential resource for researchers and practitioners.

• Extensive coverage of computational issues, focusing on optimization and the reformulation as generalized linear models
• Emphasis on econometric questions, including simulation, estimation, and inference methods, with estimation techniques based on both simulated and actual datasets
• A substantial set of exercises and problems at the end of each chapter
• Two appendixes, with one covering the mathematical tools needed to understand the material, and the other the Python code examples

About this title

About the Author

Alfred Galichon is professor of economics and of mathematics at New York University. A pioneer of the use of optimal transport theory in econometrics, he is the author of a monograph on the topic, Optimal Transport Methods in Economics (Princeton).

Edition details

• Publisher: Princeton University Press
• Publication date: 2026
• Language: English
• ISBN 10: 0691221804
• ISBN 13: 9780691221809
• Binding: Hardcover
• Number of pages: 376