Human behaviour is complex and unpredictable. Or is it?
You will get introduced to behaviour modelling and learn to predict the behaviour using mathematical models. More specifically, you’ll explore choice modelling in order to obtain disaggregate demand models. You will learn logit model focusing on the specification of the model, the estimation of its parameters, the validation process, and its application. You will learn to use the software Biogeme for exercising with a binary choice.
This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.
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Course Credit: École Polytechnique Fédérale de Lausanne.
|Simple example: introduction
|Simple example: developing a model
|Simple example: quality of the estimates
|Simple example: maximum likelihood estimation
|Simple example: forecasting
|Ingredients of choice theory
|The case of continuous goods
|The case of discrete goods
|Submit Your Assignment
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