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.

Learning Objectives:

The target audience includes both academic and applied researchers including university researchers and research students, and researchers and policymakers from government agencies and departments.

Eligibility:
  • 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
Tech Requirements:

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

Fundamentals of Choice Modelling https://dresa.org.au/events/fundamentals-of-choice-modelling 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. 2025-02-03 09:00:00 UTC 2025-02-04 17:00:00 UTC ACSPRI The University of Melbourne, Parkville, Australia The University of Melbourne Parkville Australia 3052 ACSPRI info@acspri.org.au ph: +61 3 8376 6496 [] [] 20 workshop open_to_all Choice modellingeconometricsmarketing