Publication
Title
An efficient algorithm for constructing Bayesian optimal choice designs
Author
Abstract
While Bayesian - and -optimal designs for the multinomial logit model have been shown to have better predictive performance than Bayesian - and -optimal designs, the algorithms for generating them have been too slow for commercial use. In this article, we present a much faster algorithm for generating Bayesian optimal designs for all four criteria while simultaneously improving the statistical efficiency of the designs. We also show how to augment a choice design allowing for correlated parameter estimates using a sports club membership study.
Language
English
Source (journal)
Journal of business and economic statistics. - Alexandria, Va
Publication
Alexandria, Va : 2009
ISSN
0735-0015
1537-2707 [online]
Volume/pages
27:2(2009), p. 279-291
ISI
000268506500011
Full text (Publisher's DOI)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identification
Creation 15.04.2009
Last edited 16.09.2017
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