Microeconomic multinomial logit models and their implementation in the DiscreteChoice R package Cover Image

Wielomianowe modele logitowe wyborów dyskretnych i ich implementacja w pakiecie DiscreteChoice programu R
Microeconomic multinomial logit models and their implementation in the DiscreteChoice R package

Author(s): Tomasz Bartłomowicz, Andrzej Bąk
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: microeconometrics; preferences; multinomial logit models of discrete choice method; R program

Summary/Abstract: The main aim of the paper is to present the DiscreteChoice package devel-oped for R program, which can be used to analyze consumers’ preferences. The package contains an implementation of the discrete choice method, and some extensions are prepared to build fractional factorial design, to code the variables and to estimate of discrete choice model. Functions of DiscreteChoice package and their application in marketing re-search are presented in the article.

  • Issue Year: 2014
  • Issue No: 327
  • Page Range: 85-94
  • Page Count: 10
  • Language: Polish