Mathematical Modeling of Individual Choice Behavior

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Lecturer
Fukuda Daisuke 
Place
Thr1-2(M5莨夊ュー螳、M5-Meeting Room)  
Credits
Lecture2  Exercise0  Experiment0
Code
61014
Syllabus updated
2015/4/7
Lecture notes updated
2015/7/18
Access Index
Semester
Spring Semester
Supplementary documents

Outline of lecture

- To study the theory of "Discrete Choice Model (DCM, 髮「謨」驕ク謚槭Δ繝繝ォ)", which is one of the most popular method of market demand analysis.

1. Theoretical Basis: Microeconomics, Applied Statistics, Optimization Theory, Simulation

2. Applications: Predicting future demand in transportation or other markets, Economic evaluation of transport infrastructures

-To learn knowledge on practical applications of DCM through some exercises and assignments (model estimations with some dataset).

3. "BIOGEME": Free software for estimation and simulation

4. Computer laboratories with the dataset from various research field such as "transportation", "telecommunication", "energy" and "marketing".

Purpose of lecture

(1) To study the theory of "Discrete Choice Model (DCM, 髮「謨」驕ク謚槭Δ繝繝ォ)", which is one of the most popular method of market demand analysis.

(2) -To learn knowledge on practical applications of DCM through some exercises and assignments (model estimations with some dataset).

Plan of lecture

1. Choice Behavior and Binary Choice Models (BCM)
2. Estimation of BCM
3. Computer Lab. (1): Estimation of BCM
4. Multinomial Choice Models: Logit and Probit
5. Specification and Estimation of Multinomial Logit Models
6. Computer Lab. (2): Estimation of MNL
7. Statistical Tests of Discrete Choice Models
8. Independent from Irrelevant Alternatives, Forecasting and Microsimulation
9. Computer Lab. (3): Statistical Testing & Forecasting
10. Nested Logit Model (NL)
11. Issues on Sampling
12. Computer Lab. (4): NL & Sampling Issues
13. Mixed Logit Model (MXL) & Simulation-based Estimation
14. Computer Lab. (5): Estimation of MXL

Textbook and reference

[Handouts]
- Lecture materials will be provided at OCWi.


[References]
- Ben-Akiva M. & Lerman S. (1985) Discrete Choice Analysis: Theory and Applications to Travel Demand, MIT Press.

- Train K. (2003) Discrete Choice Methods with Simulation, Cambridge University Press.

- 蛹玲搗莉(2002) 莠、騾夊。悟虚縺ョ蛻譫舌→繝「繝繝ェ繝ウ繧ー, 謚蝣ア蝣ょコ迚.

- 蝨滓惠蟄ヲ莨喙邱ィ] (1996) 髱樣寔險郁。悟虚繝「繝繝ォ縺ョ逅隲悶→蠢懃畑, 蝨滓惠蟄ヲ莨.

Related and/or prerequisite courses

Students are recommended to take other relevant lectures such as Transportation Network Analysis, Transportation Economics, Advanced Theory of Construction Management, Urban Planning, Urban Transport and Environment, Planning Process for National Land and Urban Planning, Environmental Traffic Engineering, and Project Evaluation for Sustainable Infrastructure.

Evaluation

- Class participation

- Five assignments (corresponding five exercises)

Comments from lecturer

The fundamental knowledge would be necessary for understanding this course. All students are required to bring his/her own laptop PC in the class of computer labs.

Contact Information

Associate Professor, Daisuke FUKUDA
Midorigaoka No. 5 Building, Room 203
Department of Civil Engineering, TokyoTech.

Office Hours

Ask by Email (fukuda [at mark ] plan.cv.titech.ac.jp) at first then let's decide the schedule.

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