Discovery Projects - Grant ID: DP0666351

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP0666351

Funding Status
Closed

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Funded Activity Summary

Bayesian choice modelling. Discrete choice models are important as they provide tools to help understand choice processes of decision makers. It remains a challenge to specify models with covariance structures flexible enough to capture complex patterns of cross-substitution between choices while being able to capture heterogeneity present in individual behaviour. We will develop a Bayesian approach to choice modelling that uses covariance selection to overcome these problems. This will train researchers and raise the profile of Australia in an active research area that is important in the social sciences; substantive applications will be in health economics, but developments will also be relevant to cognate areas of biostatistics, epidemiology, and ecology.

Funded Activity Details

Start Date: 01-04-2006

End Date: 31-12-2006

Funding Scheme: Discovery Projects

Funding Amount: $260,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Health Economics | Econometric And Statistical Methods | Panel Data Analysis | Econometrics |

ANZSRC Socio-Economic Objective (SEO)

Microeconomic issues not elsewhere classified | Behaviour and health | Mathematical sciences

Other Keywords

Behaviour and health | Econometric And Statistical Methods | Econometrics | Health Economics | Mathematical sciences | Microeconomic issues not elsewhere classified | Panel Data Analysis

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