Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 20 of 40 for “"random utility"”.
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Consumer Choice Among Durables: A Random Utility Model and an Application to Brazilian Households
Consumer choice among durables cannot be satisfactorily accommodated by models directly derived from the conventional, deterministic model. This study proposes an axiomatic and probabilistic framework for modelling consumer choice preferences among durables in the market and discusses its …
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Extension of a random-utility-based multi regional input-output model and applications to Texas trade
… Jin and Kockelman’s (2004) work, by extending a Random Utility Based Multiregional Input Output (RUBMRIO) model and using it to evaluate Texas trade, production, travel, and location patterns, under a variety of scenarios, including the construction of the Trans-Texas Corridor system. Three main …
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Conditional, Structural and Unobserved Heterogeneity: three essays on preference heterogeneity in the design of financial incentives to increase weight loss program reach
… task, violates fundamental assumptions of the random utility model. However, self-reported attendance behaviour on dichotomous attendance scales has been shown to be unreliable. In this essay, we assess the ability of a polytomous attendance scale to ameliorate self-report unreliability. We …
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The economic impact of the Writers-in-the-Schools program at UNLV: 2003
… probit methods of estimation in a theoretical Random Utility Model, the mean willingness to pay to attend the events were {dollar}6.73 and {dollar}6.75, respectively. Further, the total money spent in the different categories offered in the survey were inputted in an IMPLAN regional …
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School choice, competition and ethnic segregation in Lancashire : evidence from structural models of two-sided matching
… in the three markets, the thesis develops a random utility model for parental preferences, incorporating proximity, test scores, and preferences for ethnic peer groups. However, data on individuals’ choice of school are lacking in England, and data on pupil allocations from the NPD do not …
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Opportunity Between the Turbines: A Willingness-to-Pay Experiment Regarding Co-Location Activities with the Coastal Virginia Offshore Wind Farm
… economy. Using data from a choice experiment and random utility modeling, this research quantifies Virginia public preferences for various co-location options within the lease area of the Coastal Virginia Offshore Wind (CVOW) farm. Our estimated WTP values show Virginia's public preference for the …
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Applications of Optimization and Machine Learning in Assortment Optimization and Revenue Management
… studies assortment optimization under the random utility maximization model using the sample average approximation. To improve the practical viability of this approach, the chapter introduces a stronger mixed-integer programming formulation and an accelerated Benders decomposition method …
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Choice modeling and recommendation optimization in presence of context effects
Random Utility choice models are supervised learning tools that can be used to estimate the choice behavior of customers facing multiple options. This is accomplished through assigning a utility value to each option and deriving a choice probability for each option. In the presence of context …
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Towards a Neural Measure of Value and the Modelling of Choice in Strategic Games
… and not others. The model generalizes to a random-utility model which gives a structural specification to the error term and makes action value observable in the spike rates of neurons. Action value is measured in the spike activity of the Superior Colliculus (SC) while monkeys play a …
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An Empirical Analysis of the Determinants of Initial Occupational Choice by Male High School Graduates
… The approach used was based on the theory of random utility. According to this approach, the individual selects a particular outcome from a set of possible outcomes based on both observed and unobserved characteristics of the individual and the particular possible outcome. In this analysis, …
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Measuring and modeling activity and travel well-being
… happiness measures as additional indicators of utility in discrete choice models based on random utility theory. The framework is applied to modeling both activity and travel choices and, in doing so, new well-being measurement methods are developed. Even though the applications focus on …
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The Determinants of Student Cross-Border Migration: An Applied Microeconomic Analysis
… effect model is derived from a conventional random utility maximization framework for optimal location choice. The model suggests that the harmonization of the education system across countries enhances student mobility between nations by reducing immigration costs. Employing a staggered …
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Marine protected areas in the management of artisanal fisheries
… modelled fishers’ spatial behaviour, using a random utility framework and random parameters logit estimation. Fishers appeared sensitive to the expected catch, its variability, human risk and distance travelled. Expected catch and catch variability were modelled using a Just and Pope …
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Choice modeling with observed and unobserved information search
… processing behavior. As an extension to standard random utility maximization (RUM) models, the framework is especially relevant for modern travel behavior modeling where real-time travel information is often readily available but not always considered in decision-making. A preliminary Monte Carlo …
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Pricing bundles of products and services in the high-tech industry
… bundle (under its control) is modeled in a random utility framework. A nonlinear mixed integer programming formulation of the company's decision problem is presented and solved.
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Revealed Preference Analysis Under Nontransitive Preferences
… preferences. The first chapter introduces the Random Preference Model (RPM), a framework similar to the Random Utility Model (RUM) designed to explain consumer choice behavior. Unlike RUM, which assumes transitive preferences often contradicted by behavioral economics, the RPM allows for …
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Three papers on the behavior modeling of the shrimp fishermen in the Gulf of Mexico
… a conditional logit and mixed logit based on Random Utility Model are run to analyze the influence of fishermen’s past choice decision on current choice (state dependence), and the fishermen’s difference in preferences (preference heterogeneity). The results show that past experience does …
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Understanding travel mode choice: A new approach for city scale simulation
… algorithms, as well as traditional utility-based choice models. Furthermore, a new assisted specification approach, where a fitted ML classifier is used to inform the utility function structure in a utility-based choice model, is then explored. The results identify three key …
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A discrete choice model of housing selection by low-income urban renters
… the study is discrete choice analysis based on a random utility function. The conceptual framework included the development of seven, binary, logit models. These models represent a sequence of choices which the low-income renter makes when finding housing. The assumed choice hierarchy was …
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Theory-constrained Data-driven Model Selection, Specification, and Estimation: Applications in Discrete Choice Models
… Some are rooted in economic theory (e.g., utility maximizing behavior) or in information available to the scientist on the data generating process (e.g., exogeneity). These assumptions can be argued to be highly credible. Others are driven by convenience, convention, pursuit of smaller …
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