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Books > Business & Economics > Economics > Econometrics > Economic statistics
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Modeling Ordered Choices - A Primer (Hardcover)
Loot Price: R3,823
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Modeling Ordered Choices - A Primer (Hardcover)
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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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