Discrete Choice Models

This module covers the estimation and usage of discrete choice models that are increasingly estimated using simulation methods. Discrete choice models are used to examine the choices of individual consumers, households, firms and other agents. The module covers the main discrete choice models and a variety of specifications that build on these models, as well as standard maximum likelihood and simulation-based estimation techniques. Discrete choice models are applicable in many fields, including energy, environmental studies, health, labour, marketing, urban economics and transportation. This module can be taken on its own, or as part of a PG Certificate, PG Diploma or Full Masters Programme.