Discrete choice
CHOICE AMONG TWO OR MORE DISCRETE ALTERNATIVES
Discrete choice model; Discrete choice analysis; Discrete Choice; Discrete Choice Models; Binary choice model; Binary choice; Qualitative response models; Nested logit; Conditional logit; Exploded logit
In economics, discrete choice models, or qualitative choice models, describe, explain, and predict choices between two or more discrete alternatives, such as entering or not entering the labor market, or choosing between modes of transport. Such choices contrast with standard consumption models in which the quantity of each good consumed is assumed to be a continuous variable.