Lecture

Specification of the deterministic part

Description

This lecture explores non-linear transformations in modeling heterogeneity, focusing on how socio-economic characteristics interact with alternative attributes. It introduces a new parameter lambda to model individual-specific coefficients, discussing the mathematical definition and practical considerations of this approach.

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Introduction to Discrete Choice Models
The course introduces the theoretical foundations to choice modeling and describes the steps of operational modeling.
Introduction to Discrete Choice Models
The course introduces the theoretical foundations to choice modeling and describes the steps of operational modeling.
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