R package RSGHB: Functions for Hierarchical Bayesian Estimation: A Flexible Approach. Functions for estimating models using a Hierarchical Bayesian (HB) framework. The flexibility comes in allowing the user to specify the likelihood function directly instead of assuming predetermined model structures. Types of models that can be estimated with this code include the family of discrete choice models (Multinomial Logit, Mixed Logit, Nested Logit, Error Components Logit and Latent Class) as well ordered response models like ordered probit and ordered logit. In addition, the package allows for flexibility in specifying parameters as either fixed (non-varying across individuals) or random with continuous distributions. Parameter distributions supported include normal, positive/negative log-normal, positive/negative censored normal, and the Johnson SB distribution. Kenneth Train’s Matlab and Gauss code for doing Hierarchical Bayesian estimation has served as the basis for a few of the functions included in this package. These Matlab/Gauss functions have been rewritten to be optimized within R. Considerable code has been added to increase the flexibility and usability of the code base. Train’s original Gauss and Matlab code can be found here: http://elsa.berkeley.edu/Software/abstracts/train1006mxlhb.html See Train’s chapter on HB in Discrete Choice with Simulation here: http://elsa.berkeley.edu/books/choice2.html; and his paper on using HB with non-normal distributions here: http://eml.berkeley.edu// train/trainsonnier.pdf.
Keywords for this software
References in zbMATH (referenced in 5 articles )
Showing results 1 to 5 of 5.
- Frits Traets, Daniel Gil Sanchez, Martina Vandebroek: Generating Optimal Designs for Discrete Choice Experiments in R: The idefix Package (2020) not zbMATH
- Yves Croissant: Estimation of Random Utility Models in R: The mlogit Package (2020) not zbMATH
- Guggisberg, Michael: Misspecified discrete choice models and Huber-White standard errors (2019)
- Mauricio Sarrias and Ricardo Daziano: Multinomial Logit Models with Continuous and Discrete Individual Heterogeneity in R: The gmnl Package (2017) not zbMATH
- Mauricio Sarrias: Discrete Choice Models with Random Parameters in R: The Rchoice Package (2016) not zbMATH