Lecture

Choice Modeling

Description

This lecture introduces the concept of choice modeling, illustrating how individuals make decisions in various scenarios such as transportation, energy consumption, and technology preferences. The instructor explains how choice models can predict human behavior and quantify trade-offs, preferences, and heterogeneity, providing a foundational understanding for creating behavioral models and analyzing consumer choices.

In MOOCs (2)
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.
Instructor
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