Showing 1 - 10 of 33
In the stated choice literature, increasing attention has been paid to methods that seek to close the gap between the choices from these experiments and the choices experienced in the real world. Attempts to produce model estimates that are truer to real market behaviours are especially...
Persistent link: https://www.econbiz.de/10011189794
A growing global focus on environmental concerns, in particular the role of carbon emissions in global warming, has created an atmosphere where attitudes towards the environment are a pre-eminent focus. In particular, the role of the motor vehicle in climate change has become increasingly...
Persistent link: https://www.econbiz.de/10010869275
In recent years there has been a re-focus on the valuation of a statistical life from the ex post or human capital method to an ex ante willingness to pay (WTP) approach. This is in part a recognition that we may have been undervaluing the cost of fatalities and injuries to society associated...
Persistent link: https://www.econbiz.de/10005023265
This paper uses state of the art stated choice designs to parameterise modal choice models for commuting and non-commuting travel futures in the presence of new public transport infrastructure (variations of new heavy rail, light rail and dedicated busway systems). D-optimal choice experiments...
Persistent link: https://www.econbiz.de/10005236118
Transport fuel consumption and its determinants have received a great deal of attention since the early 1970s. In the literature, different types of modelling methods have been used to estimate petrol demand, each having methodological strengths and weaknesses. This paper is motivated by an...
Persistent link: https://www.econbiz.de/10008474379
This paper develops new methodological insights on Random Regret Minimization (RRM) models. It starts by showing that the classical RRM model is not scale-invariant, and that – as a result – the degree of regret minimization behavior imposed by the classical RRM model depends crucially on...
Persistent link: https://www.econbiz.de/10011263714
This paper proposes a discrete mixture model which assigns individuals, up to a probability, to either a class of random utility (RU) maximizers or a class of random regret (RR) minimizers, on the basis of their sequence of observed choices. Our proposed model advances the state of the art of...
Persistent link: https://www.econbiz.de/10011043455
This paper derives and illustrates measures for the ex ante evaluation of user benefits associated with improvements in the transport system. In contrast with conventional analyses, we assume that awareness among travelers of changes in the transport system is limited and grows over time....
Persistent link: https://www.econbiz.de/10005023260
This paper studies to what extent the Logsum-measure of user benefits relates to travelers’ perceptions of choice set-desirability and choice-satisfaction. Knowing these relations is important since researchers have recently started to analyze and interpret user benefits in general – and...
Persistent link: https://www.econbiz.de/10010599310
Discrete choice experiments are conducted in the transport field to obtain data for investigating travel behaviour and derived measures such as the value of travel time savings. The multinomial logit (MNL) and other more advanced discrete choice models (e.g., the mixed MNL model) have often been...
Persistent link: https://www.econbiz.de/10008868996