Fundamentals of Choice Modelling
https://www.acspri.org.au/master-class-feb-2025-fundamentals-choice-modelling
Description:
Choice modelling is a specialised area of micro-econometrics that develops and applies mathematical models that represent human decision making. Choice models are used extensively to understand current behaviour and predict future choices in the applied fields of the economic sciences, especially environmental, health, and transport economics. Other application areas include business and marketing. In addition to addressing questions of academic interest, choice modelling informs policy and strategy making in these applied economic disciplines.
This 2-day masterclass introduces students to choice models, discusses and contrasts the family of available model structures, and also talks about the data requirements, model estimation, and the use of models to produce outputs for policy. The course consists of a mix of theoretical lectures and case studies.
Start: Monday, 03 February 2025 @ 09:00
End: Tuesday, 04 February 2025 @ 17:00
Duration: 2 days
Timezone: Melbourne
Venue: The University of Melbourne
City: Parkville Country: Australia Postcode: 3052
Prerequisites:Participants should have some familiarity with linear and logistic regression.
There is no requirement for previous experience in choice modelling.
The target audience includes both academic and applied researchers including university researchers and research students, and researchers and policymakers from government agencies and departments.
- Open to all
Organiser: ACSPRI
Contact: info@acspri.org.au ph: +61 3 8376 6496
Host institution: ACSPRI
Keywords: Choice modelling, econometrics, marketing
Fields: ENVIRONMENTAL SCIENCES, MEDICAL AND HEALTH SCIENCES, BUILT ENVIRONMENT AND DESIGN, ECONOMICS, COMMERCE, MANAGEMENT, TOURISM AND SERVICES
Capacity: 20
Event type:- Workshop
This is a lecture-based masterclass delivered in person.
The masterclass consists of a series of lectures and interactive discussion sessions.
Participants should be willing to participate in these (facilitated) discussion sessions.
Cost Basis: Cost incurred by all
