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Quasi-random Simulation of Discrete Choice Models
| Content Provider | CiteSeerX |
|---|---|
| Author | Sándor, Zsolt |
| Abstract | We describe the properties of (t;m; s)-nets and Halton draws. Four types of (t;m; s)-nets, two types of Halton draws, and independent draws are compared in an application of maximum simulated likelihood estimation of a mixed logit model. All of the quasi-random procedures are found to perform far better than independent draws. The best performance is attained by one of the (t;m; s)-nets. The properties of the nets imply that two of them should outperform the other two, and our results con rm this expectation. The two more-accurate nets perform better than both types of Halton draws, while the two less-accurate nets perform worse than the Halton draws. |
| File Format | |
| Journal | Transportation Research Part B |
| Access Restriction | Open |
| Subject Keyword | Independent Draw Less-accurate Net Quasi-random Simulation Quasi-random Procedure Likelihood Estimation Discrete Choice Model Mixed Logit Model Halton Draw More-accurate Net |
| Content Type | Text |
