Discrete-choice models are a powerful and flexible method for studying habitat selection, in part because they allow resource availability to change at every choice. Here, we consider application of ...
Discrete choice models are commonly used by applied statisticians in numerous fields, such as marketing, economics, finance, and operations research. When agents in discrete choice models are assumed ...
Discrete choice models of the probability of default (PD) have several applications in finance. In some applications, such as credit scoring, their value is in ranking applicants or customers by PD.