A Model of Dynamic Choice Behavior

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (717 download)

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Book Synopsis A Model of Dynamic Choice Behavior by : Purushottam Papatla

Download or read book A Model of Dynamic Choice Behavior written by Purushottam Papatla and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Dynamic choice model of hybrid behavior in the attribute-space[

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (535 download)

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Book Synopsis A Dynamic choice model of hybrid behavior in the attribute-space[ by : Antonio Ladrón de Guevara

Download or read book A Dynamic choice model of hybrid behavior in the attribute-space[ written by Antonio Ladrón de Guevara and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on Dynamic Choice Behavior

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ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Essays on Dynamic Choice Behavior by : Peruvemba B. Seetharaman

Download or read book Essays on Dynamic Choice Behavior written by Peruvemba B. Seetharaman and published by . This book was released on 1998 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Modeling Dynamic Choice Behavior

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ISBN 13 :
Total Pages : 258 pages
Book Rating : 4.:/5 (375 download)

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Book Synopsis Modeling Dynamic Choice Behavior by : Seong Yong Park

Download or read book Modeling Dynamic Choice Behavior written by Seong Yong Park and published by . This book was released on 1996 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rationality and Dynamic Choice

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Publisher : Cambridge University Press
ISBN 13 : 9780521360470
Total Pages : 42 pages
Book Rating : 4.3/5 (64 download)

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Book Synopsis Rationality and Dynamic Choice by : Edward F. McClennen

Download or read book Rationality and Dynamic Choice written by Edward F. McClennen and published by Cambridge University Press. This book was released on 1990-05-25 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this major contribution to the theory of rational choice the author sets out the foundations of rational choice, and then sketches a dynamic choice framework in which principles of ordering and independence follow from a number of apparently plausible conditions. However there is potential conflict among these conditions, and when they are weakened to avoid it, the usual foundations of rational choice no longer prevail. The thrust of the argument is to suggest that the theory of rational choice is less determinate than many suppose.

A Dynamic Attribute Satiation Model of Variety Seeking Behavior

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Publisher : Sagwan Press
ISBN 13 : 9781376983029
Total Pages : 74 pages
Book Rating : 4.9/5 (83 download)

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Book Synopsis A Dynamic Attribute Satiation Model of Variety Seeking Behavior by : Leigh Mcalister

Download or read book A Dynamic Attribute Satiation Model of Variety Seeking Behavior written by Leigh Mcalister and published by Sagwan Press. This book was released on 2018-02-07 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Dynamic Influences on Individual Choice Behavior

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ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Dynamic Influences on Individual Choice Behavior by : Robert J. Meyer

Download or read book Dynamic Influences on Individual Choice Behavior written by Robert J. Meyer and published by . This book was released on 2015 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research examining the process of individual decision making over time is briefly reviewed. We focus on two major areas of work in choice dynamics: research that has examined how current choices are influenced by the history of previous choices, and newer work examining how choices may be made to exploit expectations about options available in the future. A central theme of the survey is that if a general understanding of choice dynamics is to emerge, it will come through the development of boundedly-rational models of dynamic problem solving that lie on the interface between economics and psychology.

Urban Dynamics and Spatial Choice Behaviour

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Publisher : Springer Science & Business Media
ISBN 13 : 9400910096
Total Pages : 309 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Urban Dynamics and Spatial Choice Behaviour by : J. Hauer

Download or read book Urban Dynamics and Spatial Choice Behaviour written by J. Hauer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thi s book ari ses from The Fourth European Coll oqui urn on Theoret i ca 1 and Quant itat i ve Geography wh i ch was he 1 din Ve 1 dhoven, The Netherlands in September 1985. It contains a series of papers on spatial choice dynamics and dynamical spatial systems which were presented at the colloquium, together with a few other soll icited ones. The book is intended primarily as a state-of-the art review of mainly European research on these two fastly growing problem areas. As a consequence of this decision, the book contains a selection of papers that differs in terms of focus, level of sophistication and conceptual background. Evidently, the dissimination of ideas and computer software is a time-related phenomenon, which in the European context is amplified by differences in language, the profile of geography and the formal training of geographers. The book reflects such differences. It would have been impossible to produce this book without the support of the various European study groups on theoretical and quantitative geography. Without their help the meetings from which this volumes originates would not have been held in the first place. We are also indebted to the Royal Dutch Academy of Science for partly funding the colloquium, and to SISWO and TNOjPSC for providing general support in the organisation of the conference.

State Space Modelling of Dynamic Choice Behavior with Habit Persistence

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ISBN 13 :
Total Pages : 113 pages
Book Rating : 4.:/5 (118 download)

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Book Synopsis State Space Modelling of Dynamic Choice Behavior with Habit Persistence by : Kang Bok Lee (Professor of business analytics)

Download or read book State Space Modelling of Dynamic Choice Behavior with Habit Persistence written by Kang Bok Lee (Professor of business analytics) and published by . This book was released on 2014 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this dissertation, I present a new approach to capturing dependence across time in dynamic choice data. To achieve this, I develop a state space dynamic choice model and a novel algorithm to fit the data. Instead of capturing dependence in outcomes through lagged response variables, referred to as state dependence, I introduce a lagged utility term through the latent state equation. The lagged utility term captures habit persistence, which has not been explored directly in earlier models (Heckman, 1981b). The autoregressive nature of the lagged utility provides a significantly richer summary of prior utility than a lagged outcome variable. The fitting algorithm combines a non-linear particle filter with a standard Metropolis-Hastings step to compute Bayesian posterior estimates of the parameters. The model can capture habit persistence (inertia), variety seeking, serial correlation, and unobserved heterogeneity. Through simulation analysis, I demonstrate that while the proposed method is effective in estimating the parameters, both a large sample size and the number of simulated particles are critical. Misspecification in serial correlation in the random component of the utility function is shown to result in biased estimates for certain coefficients, although not the habit persistence term. This method avoids the initial conditions problem common with lagged variables (Wooldridge, 2010). From the perspective of a marketer, the value of the proposed model stems from its ability to distinguish the effects of habit, variety seeking, and heterogeneity. The algorithm is applied to case studies involving the sales of fast-moving consumer goods, as recorded in scanner data furnished by a major grocery store. The studies demonstrate the wide-ranging variation in purchasing habits and price sensitivity across customers; this variation highlights the value of the individual-level models applied in this study. Specifically, we find the existence of habitual purchasing behavior in utilitarian goods (e.g., cereal and soft drinks). However, in hedonic goods (e.g., beer), we find no evidence of habit persistence, which is in agreement with earlier studies.

Choice Models in Marketing

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Publisher : Now Publishers Inc
ISBN 13 : 1601981643
Total Pages : 100 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis Choice Models in Marketing by : Sandeep R. Chandukala

Download or read book Choice Models in Marketing written by Sandeep R. Chandukala and published by Now Publishers Inc. This book was released on 2008 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Choice Models in Marketing examines recent developments in the modeling of choice for marketing and reviews a large stream of research currently being developed by both quantitative and qualitative researches in marketing. Choice in marketing differs from other domains in that the choice context is typically very complex, and researchers' desire knowledge of the variables that ultimately lead to demand in marketplace. The marketing choice context is characterized by many choice alternatives. The aim of Choice Models in Marketing is to lay out the foundations of choice models and discuss recent advances. The authors focus on aspects of choice that can be quantitatively modeled and consider models related to a process of constrained utility maximization. By reviewing the basics of choice modeling and pointing to new developments, Choice Models in Marketing provides a platform for future research.

A Model of Dynamic Choice with Correlated Initial Conditions

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ISBN 13 :
Total Pages : 276 pages
Book Rating : 4.:/5 (385 download)

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Book Synopsis A Model of Dynamic Choice with Correlated Initial Conditions by : Alexandru Mihail Degeratu

Download or read book A Model of Dynamic Choice with Correlated Initial Conditions written by Alexandru Mihail Degeratu and published by . This book was released on 1996 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cognitive Choice Modeling

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Publisher : MIT Press
ISBN 13 : 0262361655
Total Pages : 305 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Cognitive Choice Modeling by : Zheng Joyce Wang

Download or read book Cognitive Choice Modeling written by Zheng Joyce Wang and published by MIT Press. This book was released on 2021-03-09 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emerging interdisciplinary field of cognitive choice models integrates theory and recent research findings from both decision process and choice behavior. Cognitive decision processes provide the interface between the environment and brain, enabling choice behavior, and the basic cognitive mechanisms underlying decision processes are fundamental to all fields of human activity. Yet cognitive processes and choice processes are often studied separately, whether by decision theorists, consumer researchers, or social scientists. In Cognitive Choice Modeling, Zheng Joyce Wang and Jerome R. Busemeyer introduce a new cognitive modeling approach to the study of human choice behavior. Integrating recent research findings from both cognitive science and choice behavior, they lay the groundwork for the emerging interdisciplinary field of cognitive choice modeling.

Implications of Behavioral Consistency in Dynamic Choice Under Uncertainty

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ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (62 download)

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Book Synopsis Implications of Behavioral Consistency in Dynamic Choice Under Uncertainty by : Valentino Dardanoni

Download or read book Implications of Behavioral Consistency in Dynamic Choice Under Uncertainty written by Valentino Dardanoni and published by . This book was released on 1990 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Traffic and Granular Flow ’01

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Publisher : Springer Science & Business Media
ISBN 13 : 9783540402558
Total Pages : 608 pages
Book Rating : 4.4/5 (25 download)

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Book Synopsis Traffic and Granular Flow ’01 by : Minoru Fukui

Download or read book Traffic and Granular Flow ’01 written by Minoru Fukui and published by Springer Science & Business Media. This book was released on 2003-09-03 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: Topics include a critical classification of models for highway traffic, new technological applications, friction and arching phenomena in pedestrian traffic, scale free networks and internet traffic, instabilities."--Jacket.

Dynamic Patterns

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Publisher : MIT Press
ISBN 13 : 9780262611312
Total Pages : 368 pages
Book Rating : 4.6/5 (113 download)

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Book Synopsis Dynamic Patterns by : J. A. Scott Kelso

Download or read book Dynamic Patterns written by J. A. Scott Kelso and published by MIT Press. This book was released on 1995 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: foreword by Hermann Haken For the past twenty years Scott Kelso's research has focused on extending the physical concepts of self- organization and the mathematical tools of nonlinear dynamics to understand how human beings (and human brains) perceive, intend, learn, control, and coordinate complex behaviors. In this book Kelso proposes a new, general framework within which to connect brain, mind, and behavior.Kelso's prescription for mental life breaks dramatically with the classical computational approach that is still the operative framework for many newer psychological and neurophysiological studies. His core thesis is that the creation and evolution of patterned behavior at all levels--from neurons to mind--is governed by the generic processes of self-organization. Both human brain and behavior are shown to exhibit features of pattern-forming dynamical systems, including multistability, abrupt phase transitions, crises, and intermittency. Dynamic Patterns brings together different aspects of this approach to the study of human behavior, using simple experimental examples and illustrations to convey essential concepts, strategies, and methods, with a minimum of mathematics. Kelso begins with a general account of dynamic pattern formation. He then takes up behavior, focusing initially on identifying pattern-forming instabilities in human sensorimotor coordination. Moving back and forth between theory and experiment, he establishes the notion that the same pattern-forming mechanisms apply regardless of the component parts involved (parts of the body, parts of the nervous system, parts of society) and the medium through which the parts are coupled. Finally, employing the latest techniques to observe spatiotemporal patterns of brain activity, Kelso shows that the human brain is fundamentally a pattern forming dynamical system, poised on the brink of instability. Self-organization thus underlies the cooperative action of neurons that produces human behavior in all its forms.

Dynamic Modeling in Behavioral Ecology

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Publisher : Princeton University Press
ISBN 13 : 0691206961
Total Pages : pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Dynamic Modeling in Behavioral Ecology by : Marc Mangel

Download or read book Dynamic Modeling in Behavioral Ecology written by Marc Mangel and published by Princeton University Press. This book was released on 2019-12-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes a powerful and flexible technique for the modeling of behavior, based on evolutionary principles. The technique employs stochastic dynamic programming and permits the analysis of behavioral adaptations wherein organisms respond to changes in their environment and in their own current physiological state. Models can be constructed to reflect sequential decisions concerned simultaneously with foraging, reproduction, predator avoidance, and other activities. The authors show how to construct and use dynamic behavioral models. Part I covers the mathematical background and computer programming, and then uses a paradigm of foraging under risk of predation to exemplify the general modeling technique. Part II consists of five "applied" chapters illustrating the scope of the dynamic modeling approach. They treat hunting behavior in lions, reproduction in insects, migrations of aquatic organisms, clutch size and parental care in birds, and movement of spiders and raptors. Advanced topics, including the study of dynamic evolutionarily stable strategies, are discussed in Part III.

Discrete Choice Methods with Simulation

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Publisher : Cambridge University Press
ISBN 13 : 0521766559
Total Pages : 399 pages
Book Rating : 4.5/5 (217 download)

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Book Synopsis Discrete Choice Methods with Simulation by : Kenneth Train

Download or read book Discrete Choice Methods with Simulation written by Kenneth Train and published by Cambridge University Press. This book was released on 2009-07-06 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.