Recent Progress on Endogeneity in Choice Modeling

Recent Progress on Endogeneity in Choice Modeling

We describe recent progress in several areas related to endogeneity, including: choice set formation and attention to attributes; interactions among decision-makers; respondents' strategic behavior in answering stated preference choices; models of multiple discrete/continuous choice; distributi...

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Veröffentlicht in:Marketing letters 2005-12, Vol.16 (3/4), p.255-265
Hauptverfasser: Louviere, Jordan, Train, Kenneth, Ben-Akiva, Moshe, Bhat, Chandra, Brownstone, David, Cameron, Trudy Ann, Carson, Richard T., Deshazo, J. R., Fiebig, Denzil, Greene, William, Hensher, David, Waldman, Donald
Format: Artikel
Sprache:eng
Schlagworte:
Bargaining
Bias
Business economics
Business studies
Choice models
Coefficients
Cognitive ability
Consumer tastes
Costs
Decision making
Decision theory
Econometrics
Economic models
Estimates
Experiments
Marketing
Marketing research
Modeling
Modelling
Multivariate analysis
Parametric models
Preferences
Set design
Transportation studies
Utility models
Voting
Willingness-to-pay
Working papers
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Beschreibung
Zusammenfassung:We describe recent progress in several areas related to endogeneity, including: choice set formation and attention to attributes; interactions among decision-makers; respondents' strategic behavior in answering stated preference choices; models of multiple discrete/continuous choice; distributions of willingness-to-pay; and methods for handling traditionally endogenous explanatory variables.
ISSN:0923-0645
1573-059X
DOI:10.1007/s11002-005-5890-4