TY  - GEN
T1  - Standard and Shuffled Halton sequences in a Mixed Logit Model
T3  - https://marktlehre.uni-hohenheim.de/63351.html
A1  - Staus,Alexander
Y1  - 2008/12/16
N2  - Modeling consumer choice in different areas has lead to an increase use
of discrete choice models. Probit or Multinomial Logit Models are often
the base of further empirical research of consumer choice. In some of these
models the equations to solve have no closed-form expression. They include
multi-dimensional integrals which can not be solved analytically.
Simulation methods have been developed to approximate a solution for
these integrals. This paper describes the Standard Halton sequence and
a modification of it, the Shuffled Halton sequence. Both are simulation
methods which can reduce computational effort compared to a random
sequence. We compare the simulation methods in their coverage of the
multi-dimensional area and in their estimation results using data of consumer
choice on grocery store formats.
KW  - Simulation
KW  - halton sequence
CY  - Hohenheim
PB  - Kommunikations-, Informations- und Medienzentrum der Universität Hohenheim
AD  - Garbenstr. 15, 70593 Stuttgart
UR  - http://opus.uni-hohenheim.de/volltexte/2008/324
ER  -