Showing 1 - 10 of 39
In this paper, we formulate and estimate a nested model structure that includes a multiple discrete-continuous extreme value (MDCEV) component to analyze the choice of vehicle type/vintage and usage in the upper level and a multinomial logit (MNL) component to analyze the choice of vehicle...
Persistent link: https://www.econbiz.de/10005228224
This paper proposes a multivariate ordered-response system framework to model the interactions in non-work activity episode decisions across household and non-household members at the level of activity generation. Such interactions in activity decisions across household and non-household members...
Persistent link: https://www.econbiz.de/10008868390
This study proposes a simple and practical Composite Marginal Likelihood (CML) inference approach to estimate ordered-response discrete choice models with flexible copula-based spatial dependence structures across observational units. The approach is applicable to data sets of any size, provides...
Persistent link: https://www.econbiz.de/10008868435
We examine an alternative method to incorporate potential presence of population heterogeneity within the Multiple Discrete Continuous Extreme Value (MDCEV) model structure. Towards this end, an endogenous segmentation approach is proposed that allocates decision makers probabilistically to...
Persistent link: https://www.econbiz.de/10010730395
In the current paper, we propose a new multinomial probit-based model formulation for integrated choice and latent variable (ICLV) models, which, as we show in the paper, has several important advantages relative to the traditional logit kernel-based ICLV formulation. Combining this MNP-based...
Persistent link: https://www.econbiz.de/10010907079
Multiple-discrete continuous choice models formulated and applied in recent years consider a single linear resource constraint, which, when combined with consumer preferences, determines the optimal consumption point. However, in reality, consumers face multiple resource constraints such as...
Persistent link: https://www.econbiz.de/10011065516
This paper formulates a multidimensional choice model system that is capable of handling multiple nominal variables, multiple count dependent variables, and multiple continuous dependent variables. The system takes the form of a treatment-outcome selection system with multiple treatments and...
Persistent link: https://www.econbiz.de/10010931643
The developments in discrete choice formulation, estimation and inference techniques have been fast and furious over the past few years. This special issue of Transportation Research Part B is a compilation of some of the cutting-edge research in the field.
Persistent link: https://www.econbiz.de/10010574807
This study presents a joint model system of residential location and activity time-use choices that considers a comprehensive set of activity-travel environment (ATE) variables, as well as socio-demographic variables, as determinants of individual weekday activity time-use choices. The model...
Persistent link: https://www.econbiz.de/10005022869
Persistent link: https://www.econbiz.de/10005227993