Showing 1 - 10 of 38
Persistent link: https://www.econbiz.de/10014458783
Efficient experimental designs aim to maximise the information obtained from stated choice data to estimate discrete choice models' parameters statistically efficiently. Almost without exception efficient experimental designs assume that decision-makers use a Random Utility Maximisation (RUM)...
Persistent link: https://www.econbiz.de/10014466964
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 introduces to the field of marketing a regret-based discrete choice model for the analysis of multi-attribute consumer choices from multinomial choice sets. This random regret minimization (RRM) model, which has recently been introduced in the field of transport, forms a regret-based...
Persistent link: https://www.econbiz.de/10010906707
Persistent link: https://www.econbiz.de/10010012433
This paper investigates the potential of association rules learning and random forests to analyse data from complex choice experiments, and to obtain relevant insights for choice modellers and practitioners. We apply these data-driven methods on data from a so-called Participatory Value...
Persistent link: https://www.econbiz.de/10013295852
In this paper, a dynamic and stochastic notion of public transport network vulnerability is developed. While previous studies have considered only the network topology, the granular nature of services requires a more refined model for supply and demand interactions in order to evaluate the...
Persistent link: https://www.econbiz.de/10011154867
Service reliability is a key determinant of public transport performance. In the context of high-frequency urban lines, irregular service results with long waiting times, bunched vehicles, long delays, uneven passenger loads, poor capacity utilization and higher operational costs. Field...
Persistent link: https://www.econbiz.de/10011077818
One of the most common motivations for public transport investments is increased capacity. However, appraisal methodologies for projects meant to increase capacity are relatively less well developed compared to methodologies for projects aiming to reduce travel times. Each of the consequences of...
Persistent link: https://www.econbiz.de/10011118588
Transit operators are interested in strategies to improve service reliability as it is an important measure of performance and level of service. One of the common practices aimed to reduce service unreliability is holding control strategies. The design of these strategies involves the selection...
Persistent link: https://www.econbiz.de/10010760066