Discrete Choice Methods with SimulationA very powerful book about simulation
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"Simulation methods have unshackled discrete choice analysis, breaking down the computational barriers to use of plausible, interpretable models. Kenneth Train provides an excellent road map for both econometric specialists and practitioners through this comprehensive, readable treatment that pulls together the research literature and provides many new and useful results." Daniel McFadden, Nobel Laureate, University of California, Berkeley"An outstanding textbook for advanced students and a reference for experienced practitioners of discrete choice analysis. The text covers modern simulation methods that advanced choice modelers should know. The book is blessed by Kenneth Train's unique gift for simplifying and explaining the topic." Moshe Ben-Akiva, Massachusetts Institute of Technology"A must have, must read book for academics and practitioners interested in understanding, modelling and predicting decision-making and choice behavior.
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