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Modeling Ordered Choices
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Modeling Ordered Choices : A Primer

Book Details

Format Hardback or Cased Book
ISBN-10 0521194202
ISBN-13 9780521194204
Publisher Cambridge University Press
Imprint Cambridge University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Apr 8th, 2010
Print length 382 Pages
Weight 9 grams
Dimensions 25.70 x 18.10 x 2.20 cms
Product Classification: Economic statistics
Ksh 20,500.00
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Ordered choice models provide a relevant methodology for capturing the sources of influence that explain the choice made amongst a set of ordered alternatives. This book brings together contributions in ordered choice modeling from a number of disciplines and synthesizes developments over the last fifty years.
It is increasingly common for analysts to seek out the opinions of individuals and organizations using attitudinal scales such as degree of satisfaction or importance attached to an issue. Examples include levels of obesity, seriousness of a health condition, attitudes towards service levels, opinions on products, voting intentions, and the degree of clarity of contracts. Ordered choice models provide a relevant methodology for capturing the sources of influence that explain the choice made amongst a set of ordered alternatives. The methods have evolved to a level of sophistication that can allow for heterogeneity in the threshold parameters, in the explanatory variables (through random parameters), and in the decomposition of the residual variance. This book brings together contributions in ordered choice modeling from a number of disciplines, synthesizing developments over the last fifty years, and suggests useful extensions to account for the wide range of sources of influence on choice.

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