Paperback. Condition: new. Paperback. In discrete choice models the relationships between the independent variables and the choice probabilities are nonlinear, depending on both the value of the particular independent variable being interpreted and the values of the other independent variables. Thus, interpreting the magnitude of the effects (the substantive effects) of the independent variables on choice behavior requires the use of additional interpretative techniques. Three common techniques for interpretation are described here: first differences, marginal effects and elasticities, and odds ratios. Concepts related to these techniques are also discussed, as well as methods to account for estimation uncertainty. Interpretation of binary logits, ordered logits, multinomial and conditional logits, and mixed discrete choice models such as mixed multinomial logits and random effects logits for panel data are covered in detail. The techniques discussed here are general, and can be applied to other models with discrete dependent variables which are not specifically described here. In discrete choice models the relationships between the independent variables and the choice probabilities are nonlinear, depending on both the value of the particular independent variable being interpreted and the values of the other independent variables. This Element describes techniques for the interpretation of models. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781108819404

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Interpreting Discrete Choice Models

Garrett Glasgow

Published by Cambridge University Press, 2022

ISBN 10: 1108819400 ISBN 13: 9781108819404

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Interpreting Discrete Choice Models

Garrett Glasgow

Published by Cambridge University Press, GB, 2022

ISBN 10: 1108819400 ISBN 13: 9781108819404

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Paperback. Condition: New. In discrete choice models the relationships between the independent variables and the choice probabilities are nonlinear, depending on both the value of the particular independent variable being interpreted and the values of the other independent variables. Thus, interpreting the magnitude of the effects (the "substantive effects") of the independent variables on choice behavior requires the use of additional interpretative techniques. Three common techniques for interpretation are described here: first differences, marginal effects and elasticities, and odds ratios. Concepts related to these techniques are also discussed, as well as methods to account for estimation uncertainty. Interpretation of binary logits, ordered logits, multinomial and conditional logits, and mixed discrete choice models such as mixed multinomial logits and random effects logits for panel data are covered in detail. The techniques discussed here are general, and can be applied to other models with discrete dependent variables which are not specifically described here. Seller Inventory # LU-9781108819404

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Interpreting Discrete Choice Models (Elements in Quantitative and Computational Methods for the Social Sciences)

Glasgow, Garrett

Published by Cambridge University Press, 2022

ISBN 10: 1108819400 ISBN 13: 9781108819404

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Interpreting Discrete Choice Models

Garrett Glasgow

Published by Cambridge University Press, 2022

ISBN 10: 1108819400 ISBN 13: 9781108819404

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Paperback / softback. Condition: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days 132. Seller Inventory # C9781108819404

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