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During the past 40 years, mobility patterns have enduringly changed several times as a result of the occurrence of a number “substantial changes”. Examples of such substantial changes are the rapid emergence of affordable air travel, the oil crises, and profound ICT developments. To most...
Persistent link: https://www.econbiz.de/10010620325
This paper presents an overview of model properties and empirical evidence related to the recently introduced discrete choice paradigm of random regret minimization (RRM). The RRM approach to discrete choice modelling provides an alternative to the conventional, linear-additive random utility...
Persistent link: https://www.econbiz.de/10010620370