Modeling Ordered Choices

A Primer
Erscheinungsjahr 2010
ISBN: 978-0-521-14237-3
Verlag: Cambridge University Press

Buch, Englisch, 382 Seiten, Format (B × H): 172 mm x 246 mm, Gewicht: 746 g

It is increasingly common for analysts to seek out the opinions of individuals and organizations using attitudinal scales such as degree of satisfaction or importance attached to an issue. Examples include levels of obesity, seriousness of a health condition, attitudes towards service levels, opinions on products, voting intentions, and the degree of clarity of contracts. Ordered choice models provide a relevant methodology for capturing the sources of influence that explain the choice made amongst a set of ordered alternatives. The methods have evolved to a level of sophistication that can allow for heterogeneity in the threshold parameters, in the explanatory variables (through random parameters), and in the decomposition of the residual variance. This book brings together contributions in ordered choice modeling from a number of disciplines, synthesizing developments over the last fifty years, and suggests useful extensions to account for the wide range of sources of influence on choice.

Autoren/Hrsg.

Greene, William H

Hensher, David A

Fachgebiete

• Mathematik | Informatik Mathematik Operations Research
• Mathematik | Informatik Mathematik Stochastik Mathematische Statistik
• Sozialwissenschaften Soziologie | Soziale Arbeit Soziologie Allgemein Empirische Sozialforschung, Statistik
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Ökonometrie

Inhaltsverzeichnis

List of tables; List of figures; Preface; 1. Introduction: random utility and ordered choice models; 2. Modeling binary choices; 3. A model for ordered choices; 4. Antecedents and contemporary counterparts; 5. Estimation, inference and analysis using the ordered choice model; 6. Specification issues in ordered choice models; 7. Accommodating individual heterogeneity; 8. Parameter variation and a generalized ordered choice model; 9. Ordered choice modeling with panel and time series data; 10. Bivariate and multivariate ordered choice models; 11. Two part and sample selection models; 12. Semiparametric and nonparametric estimators and analyses; References; Index.

Über Autor(innen)

Greene, William H
William H. Greene is Professor of Economics and Toyota Motor Corp. Professor at the Stern School of Business, New York University.

Hensher, David A
David A. Hensher is Professor of Management and Director of the Institute of Transport and Logistics at the University of Sydney.