• Length:
    7 Weeks
  • Effort:
    5–6 hours per week
  • Price:

    FREE
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  • Institution
  • Subject:
  • Level:
    Intermediate
  • Language:
    English
  • Video Transcripts:
    English, Français

Prerequisites

Statistics (bachelor level), linear regression

About this course

Human behavior is complex and unpredictable. Or is it?

The focus of this course is methods for predicting the behavior using mathematical models. More specifically, we'll explore choice modeling in order to obtain disaggregate demand models.  

Focusing on the logit model, the course covers the specification of the model, the estimation of its parameters, the validation process, and its application. Exercises using the software Biogeme are also part of its makeup. The course relies on concrete case studies with real data sets, which are provided in course content.

What you'll learn

  • The behavioral assumptions associated with disaggregate choice models
  • The derivation of operational models
  • The art of model specification
  • The estimation of model parameters from choice data
  • The testing of model specifications
  • Concrete applications of the estimated models
1. Introduction to behavior modeling
2. Theoretical foundations
3. Binary choice
4. Biogeme: an open-source software for estimating choice models
5. Choice with multiple alternatives
6. Testing
7. Forecasting

Meet your instructors

Michel Bierlaire
Professor
École polytechnique fédérale de Lausanne

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Who can take this course?

Unfortunately, learners from one or more of the following countries or regions will not be able to register for this course: Iran, Cuba and the Crimea region of Ukraine. While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer our courses to learners in these countries and regions, the licenses we have received are not broad enough to allow us to offer this course in all locations. EdX truly regrets that U.S. sanctions prevent us from offering all of our courses to everyone, no matter where they live.