K
Kenneth Train
Researcher at University of California, Berkeley
Publications - 124
Citations - 32015
Kenneth Train is an academic researcher from University of California, Berkeley. The author has contributed to research in topics: Mixed logit & Discrete choice. The author has an hindex of 56, co-authored 124 publications receiving 30396 citations. Previous affiliations of Kenneth Train include Nera & University of Oregon.
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Discrete Choice Methods with Simulation
TL;DR: In this paper, the authors describe the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation, and compare simulation-assisted estimation procedures, including maximum simulated likelihood, method of simulated moments, and methods of simulated scores.
Journal ArticleDOI
Mixed mnl models for discrete response
Daniel McFadden,Kenneth Train +1 more
TL;DR: In this article, the adequacy of a mixing specification can be tested simply as an omitted variable test with appropriately definedartificial variables, and a practicalestimation of aarametricmixingfamily can be run by MaximumSimulated Likelihood EstimationorMethod ofSimulatedMoments, andeasilycomputedinstruments are provided that make the latter procedure fairly eAcient.
Journal ArticleDOI
Mixed logit with repeated choices: households' choices of appliance efficiency level
David Revelt,Kenneth Train +1 more
TL;DR: Mixed logit as mentioned in this paper is a generalization of standard logit that does not exhibit the restrictive independence from irrelevant alternatives property and explicitly accounts for correlations in unobserved utility over repeated choices by each customer.
Posted Content
Discrete Choice Methods with Simulation
TL;DR: In this article, the authors describe the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling.
Journal ArticleDOI
Recreation Demand Models with Taste Differences Over People
TL;DR: In this article, the authors estimate random-parameter logit models of anglers' choice of fishing site, which generalize logit by allowing coefficients to vary randomly over anglers rather than being fixed.