Choice Modelling - Related Terms For Choice Modelling

Related Terms For Choice Modelling

There are a number of terms which either are subsets or overlap with other areas, of econometrics that may broadly be termed Choice Modelling.

These include the following:

  1. Stated preference discrete choice modelling
  2. Discrete choice
  3. Choice experiment
  4. Choice set
  5. Conjoint analysis
  6. Controlled experiments

Read more about this topic:  Choice Modelling

Famous quotes containing the words related, terms, choice and/or modelling:

    The question of place and climate is most closely related to the question of nutrition. Nobody is free to live everywhere; and whoever has to solve great problems that challenge all his strength actually has a very restricted choice in this matter. The influence of climate on our metabolism, its retardation, its acceleration, goes so far that a mistaken choice of place and climate can not only estrange a man from his task but can actually keep it from him: he never gets to see it.
    Friedrich Nietzsche (1844–1900)

    A radical is one of whom people say “He goes too far.” A conservative, on the other hand, is one who “doesn’t go far enough.” Then there is the reactionary, “one who doesn’t go at all.” All these terms are more or less objectionable, wherefore we have coined the term “progressive.” I should say that a progressive is one who insists upon recognizing new facts as they present themselves—one who adjusts legislation to these new facts.
    Woodrow Wilson (1856–1924)

    And yet ‘twould seem that what is sung
    In happy sadness by the young,
    Fate has no choice but to fulfill.
    Robert Frost (1874–1963)

    The windy springs and the blazing summers, one after another, had enriched and mellowed that flat tableland; all the human effort that had gone into it was coming back in long, sweeping lines of fertility. The changes seemed beautiful and harmonious to me; it was like watching the growth of a great man or of a great idea. I recognized every tree and sandbank and rugged draw. I found that I remembered the conformation of the land as one remembers the modelling of human faces.
    Willa Cather (1873–1947)