Introduction to Discrete Choice Models
Mathematical Models for Human Behavior: A comprehensive course exploring predictive analytics and quantitative methods to forecast behavioral patterns.
Course Cost
₹ 18,596
Intermediate
Skill Level
7 Weeks
Self-paced lessons
Dive into the world of behavioral prediction with this course on discrete choice models. Explore methods for forecasting human behavior using advanced mathematical techniques, focusing on disaggregate demand models. The course centers on the logit model, covering model specification, parameter estimation, validation processes, and practical applications. With hands-on exercises using Biogeme software and real-world case studies, you'll gain both theoretical knowledge and practical skills in choice modeling. Ideal for those interested in understanding and predicting complex human decision-making processes.
What you'll learn
Understand the behavioral assumptions underlying disaggregate choice models
Derive operational models from theoretical foundations
Master the art of model specification for various choice scenarios
Estimate model parameters using real-world choice data
Test and validate different model specifications
Apply estimated models to concrete, real-world problems
Use Biogeme software for choice model estimation and analysis
Develop skills in forecasting based on choice models
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, exams
Access on Mobile, Tablet, Desktop
Limited Access access
Shareable certificate
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There are 7 modules in this course
This course provides a comprehensive introduction to discrete choice models, focusing on methods for predicting human behavior using mathematical techniques. Students will explore the theoretical foundations of choice modeling and learn to develop disaggregate demand models. The curriculum covers the entire process of choice modeling, from model specification and parameter estimation to validation and practical application. A key component of the course is the use of the Biogeme software for hands-on exercises, allowing students to apply their learning to real-world datasets. The course emphasizes the logit model but also introduces other relevant concepts in choice modeling. By the end of the course, students will be equipped with the skills to analyze and predict complex human decision-making processes in various fields such as marketing, transportation, and economics.
Introduction to behavior modeling
Module 1
Theoretical foundations
Module 2
Binary choice
Module 3
Biogeme: an open-source software for estimating choice models
Module 4
Choice with multiple alternatives
Module 5
Testing
Module 6
Forecasting
Module 7
Fee Structure
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Faculties
These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.
Frequently asked Questions
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