📅 2024-09-06 — Session: Analyzed Nested Logit Models and Designed DiD Regression Problems
🕒 00:50–02:10
🏷️ Labels: Nested Logit, Did, Regression, Investment, Game Theory
📂 Project: Teaching
⭐ Priority: MEDIUM
Session Goal
The primary goal of this session was to deepen understanding of Nested Logit Models in transportation and to design a Difference-in-Differences (DiD) regression problem for educational purposes.
Key Activities
- Reviewed essential topics and textbooks for mastering nested logit models, focusing on transportation decision-making.
- Designed a step-by-step approach for a DiD regression setup, including sample data and estimation questions.
- Presented DiD estimates with intentional errors to challenge students in identifying mistakes.
- Developed strategies to introduce realistic errors in DiD calculations.
- Analyzed investment options using EUT and CPT, concluding Asset B as preferred.
- Provided feedback on dynamic decision-making problems and game theory questions, suggesting improvements for clarity.
Achievements
- Gained insights into nested logit models and their application in transportation.
- Created educational content for DiD regression problem, enhancing learning through error analysis.
Pending Tasks
- Further refinement of feedback on dynamic decision-making and game theory problems for clarity and depth.