Discrete Choice Analysis: Predicting Individual Behavior

When:
Monday, Jun 16, 2025 9:00a -
Friday, Jun 20, 2025 5:00p

Where:
MIT Campus
77 Massachussetts Ave.
Cambridge, Massachussetts 02139

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Admission:
$4,900

Hosted by:
ethan927 Ethan

Categories:
Classes

Event website:
https://professionaleducation.mit.edu/3EGtuAf

Discrete choice models are essential tools for analyzing individual behavior across industries—from marketing and transportation to environmental management and online personalization. Master the skills to apply these models in real-world contexts through our dynamic, hands-on course.


Through interactive lectures and practical lab sessions, you will:


• Explore core models, including logit, nested logit, probit, and hybrid choice models

• Learn techniques for data collection, model specification, estimation, and forecasting

• Apply methods to real-world cases—from travel mode and product selection to online ads and recommendation systems

• Gain experience using discrete choice software and real datasets in guided lab sessions

• Deepen your understanding of advanced topics such as Bayesian estimation, simulation, and latent variable integration

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