Discrete Choice Models (DCM): An Object-Oriented Package for Ox

DCM (Discrete Choice Models) is a package, written in Ox, for estimating a class of discrete choice models. DCM represents an important development for both the OxMetric and, more generally, microeconometric computing environment in making available a broad range of discrete choice models, including standard binary response models, with notable extensions including conditional mixed logit, mixed probit, multinomial probit, and random coefficient ordered choice models. Developed as a derived class of ModelBase, users may access the functions within DCM by either writing Ox programs which create and use an object of the DCM class, or use the program in an interactive fashion. We demonstrate the capabilities of DCM by using a number of applications from both the discrete choice literature. This document will serve as a manual for DCM. JEL Classification: C20; C25; C87; D00.