Modeling Ordered Choices

William H. Greene is Professor of Economics and Toyota Motor Corp. Professor at the Stern School of Business, New York University. David A. Hensher is Professor of Management and Director of the Institute of Transport and Logistics at the University of Sydney.

'An outstanding and timely resource on ordered-response choice modeling that takes readers through the history of such models, and develops a clear taxonomy to position the many generalizations and variants of the standard ordered-response model. Bill Greene and David Hensher have done a masterful job in navigating through, and weaving together, the maze of developments and applications in a diversity of fields. The objective perspectives of the literature provide rich guidance for both the researcher as well as the practitioner. This book is literally a one-stop reference resource on ordered-choice modeling that is at once comprehensive, lucid, insightful, and accessible. A 'must-have' in the bookshelves of anyone wanting to learn about and apply ordered-choice modeling techniques!' Chandra Bhat, University of Texas, Austin

• List of tables; List of figures; Preface; 1. Introduction: random utility and ordered choice models; 2. Modeling binary choices; 3. A model for ordered choices; 4. Antecedents and contemporary counterparts; 5. Estimation, inference and analysis using the ordered choice model; 6. Specification issues in ordered choice models; 7. Accommodating individual heterogeneity; 8. Parameter variation and a generalized ordered choice model; 9. Ordered choice modeling with panel and time series data; 10. Bivariate and multivariate ordered choice models; 11. Two part and sample selection models; 12. Semiparametric and nonparametric estimators and analyses; References; Index.