A fast estimation procedure for discrete choice random coefficients demand model

• DOI: 10.1080/00036846.2017.1349289
• Publication Date: 2017-07-10T09:38:17Z
• Authors: Dong-Hyuk Kim; Yong Song; Huaxin Xu
• Keywords: Discrete choice

We document speed-up gains of graphical processing unit (GPU) computing over central (CPU) for the estimation discrete choice random coefficient demand model. When we use a moderate-sized GPU, computation is six to twenty times faster, where smallest factor, six, obtained from comparison with parallel sixteen CPU cores.