Standard and Shuffled Halton sequences in a Mixed Logit Model

Staus, Alexander

Standard and Shuffled Halton sequences in a Mixed Logit Model

dc.contributor.author	Staus, Alexander	de
dc.date.accessioned	2024-04-08T08:41:41Z
dc.date.available	2024-04-08T08:41:41Z
dc.date.created	2008-12-16
dc.date.issued	2008
dc.description.abstract	Modeling consumer choice in different areas has lead to an increase use of discrete choice models. Probit or Multinomial Logit Models are often the base of further empirical research of consumer choice. In some of these models the equations to solve have no closed-form expression. They include multi-dimensional integrals which can not be solved analytically. Simulation methods have been developed to approximate a solution for these integrals. This paper describes the Standard Halton sequence and a modification of it, the Shuffled Halton sequence. Both are simulation methods which can reduce computational effort compared to a random sequence. We compare the simulation methods in their coverage of the multi-dimensional area and in their estimation results using data of consumer choice on grocery store formats.	en
dc.identifier.swb	29304144X
dc.identifier.uri	https://hohpublica.uni-hohenheim.de/handle/123456789/5214
dc.identifier.urn	urn:nbn:de:bsz:100-opus-3245
dc.language.iso	eng
dc.relation.ispartof	https://marktlehre.uni-hohenheim.de/63351.html
dc.relation.ispartofseries	Agricultural economics working paper series (Hohenheimer agrarökonomische Arbeitsberichte); 17
dc.rights.license	publ-ohne-pod	en
dc.rights.license	publ-ohne-pod	de
dc.rights.uri	http://opus.uni-hohenheim.de/doku/lic_ubh.php
dc.subject	Simulation	en
dc.subject	Mixed logit	en
dc.subject	Halton sequence	en
dc.subject	Mixed logit	de
dc.subject	Halton sequence	de
dc.subject.ddc	630
dc.subject.gnd	Simulation	de
dc.title	Standard and Shuffled Halton sequences in a Mixed Logit Model	de
dc.type.dcmi	Text	de
dc.type.dini	WorkingPaper	de
local.access	uneingeschränkter Zugriff	en
local.access	uneingeschränkter Zugriff	de
local.bibliographicCitation.publisherPlace	Universität Hohenheim	de
local.faculty.number	2	de
local.institute.number	420	de
local.opus.number	324
local.series.issueNumber	17
local.series.title	Agricultural economics working paper series (Hohenheimer agrarökonomische Arbeitsberichte)
local.university	Universität Hohenheim	de
local.university.faculty	Faculty of Agricultural Sciences	en
local.university.faculty	Fakultät Agrarwissenschaften	de
local.university.institute	Institute for Agricultural Policy and Agricultural Markets	en
local.university.institute	Institut für Agrarpolitik und Landwirtschaftliche Marktlehre	de

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