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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.

Assessment

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.

Certification

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Course Credit: École Polytechnique Fédérale de Lausanne.

Course Curriculum

Lesson 1
Teaser 00:03:00
Motivation 00:06:00
Simple example: introduction 00:07:00
Simple example: developing a model 00:10:00
Simple example: quality of the estimates 00:10:00
Simple example: maximum likelihood estimation 00:10:00
Simple example: forecasting 00:05:00
Lesson 2
Ingredients of choice theory 00:10:00
The case of continuous goods 00:10:00
The case of discrete goods 00:10:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

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