Lecture

Mixture models: individual level parameters

Description

This lecture delves into the concept of mixture models focusing on individual-level parameters in discrete choice scenarios. The discussion covers the distribution of taste parameters in the population, the derivation of B distribution, Bayes theorem application, and the calculation of expected values. The lecture concludes with a simulation example and references relevant literature.

In MOOCs (2)

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_flv5y610

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