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Discrete Choice Methods with Simulation

Discrete Choice Methods withSimulationKenneth TrainUniversity of California, BerkeleyNational Economic Research AssociatesVersion dated March 8, 2002 Publisher: Cambridge University PressScheduled publication date: Autumn contact me with any corrections, comments,and suggestions, at McFaddenandin memory ofKenneth Train, copy is made available for use by individuals for their personalresearch and study. Permission is not granted to use any part of thiswork for any other purpose whatsoever without the written consent ofCambridge University Motivation.

approach and methods of choice analysis. The early models have now been supplemented by a variety of more powerful and more flexible methods. The new concepts have arisen gradually, with researchers building on the work of others. However, in a sense, the change has been more like a quantum leap than a gradual progression. The ways

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