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The popular hierarchical or nested logit model that has been the recent source of heated discussions in the literature is reviewed and critically examined. The fundamental underpinnings of the model are first presented in a concise and easy-to-understand fashion and then used to assess each...
Persistent link: https://www.econbiz.de/10010973181
The state‐of‐practice in the design and conduction of mobility surveys in metropolitan areas leaves much to be desired, even in most industrialized countries. It is argued that the state‐of‐the‐art in this type of survey is a continuous (ongoing) method, beginning with a somewhat...
Persistent link: https://www.econbiz.de/10010973307
<title>Abstract</title> The value of road safety is the fundamental input in social cost--benefit analysis of road safety schemes. It is also an increasingly important input in the social evaluation of almost any transport infrastructure project. This value is given by the amount that people are willing to pay...
Persistent link: https://www.econbiz.de/10010973356
<title>Abstract</title> Individual choices are affected by complex factors and the challenge consists of how to incorporate these factors in order to improve the realism of the modelling work. The presence of limits, cut‐offs or thresholds in the perception and appraisal of both attributes and alternatives...
Persistent link: https://www.econbiz.de/10011133995
Persistent link: https://www.econbiz.de/10011104471