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This paper develops a multiple discrete-continuous nested extreme value (MDCNEV) model that relaxes the independently distributed (or uncorrelated) error terms assumption of the multiple discrete-continuous extreme value (MDCEV) model proposed by Bhat [Bhat, C.R., 2005. A multiple...
Persistent link: https://www.econbiz.de/10008469867
Persistent link: https://www.econbiz.de/10005052586
Airport choice is an important air travel-related decision in multiple airport regions. This paper proposes the use of a probabilistic choice set multinomial logit (PCMNL) model for airport choice that generalizes the multinomial logit model used in all earlier airport choice studies. The paper...
Persistent link: https://www.econbiz.de/10005228107
This paper examines the number of stops made by individuals during their evening commute. The paper applies a methodological framework that relates stop-making to relevant individual, land-use, and work-related characteristics. The framework also accommodates unobserved variation in stop-making...
Persistent link: https://www.econbiz.de/10005228280