Showing 1 - 10 of 18
There is a growing interest in seeking out rules that individuals invoke when processing information in choice experiments. A rule that is attracting attention in stated choice studies is the extent to which respondents attend to or ignore one or more attributes in processing the information on...
Persistent link: https://www.econbiz.de/10009202139
Individuals when faced with choices amongst a number of alternatives often adopt a variety of processing rules, ranging from simple linear to complex non-linear treatment of each attribute defining the offer of each alternative. In this paper we investigate the presence of asymmetry in...
Persistent link: https://www.econbiz.de/10009202405
This paper reviews and critiques the modelling frameworks and empirical measurement paradigms used to obtain willingness to pay (WTP) for improved travel time reliability, suggesting new directions for ongoing research. We also estimate models to derive values of reliability, scheduling costs...
Persistent link: https://www.econbiz.de/10009211355
This paper uses data collected in Australia in 2010–2011 on alternative access charge regimes for freight transport, obtained from a stated choice experiment, which is used in estimation of mixed logit models calibrated on vehicle market shares, to derive matrices of direct and cross access...
Persistent link: https://www.econbiz.de/10010755054
Recently emerging in the stated preference literature as methods for better representing behaviour are choice certainty calibration and alternative acceptability. This paper finds that the amount of idiosyncratic error in the context of automobile choice is significant and can be explained by...
Persistent link: https://www.econbiz.de/10010755155
We present a highly structured, online, interactive choice environment containing a large number of alternatives, a search tool that eliminates alternatives that fail specified criteria, and a sort tool. A conceptual framework is developed that links tool usage and preference heterogeneity, and...
Persistent link: https://www.econbiz.de/10010755142
Within the discrete choice modelling literature, there has been growing interest in including reference alternatives within stated choice survey tasks. This paper analyses asymmetric discrete choice models by comparing specifications expressed as deviations from the reference point and...
Persistent link: https://www.econbiz.de/10010755156
Developments in simulation methods, and the computational power that is now available, have enabled open-form discrete choice models such as mixed logit to be estimated with relative ease. The random parameter (RP) form has been used to identify preference heterogeneity, which can be mapped to...
Persistent link: https://www.econbiz.de/10009202073
Individuals processing the information in a stated choice experiment are asked to evaluate a set of attributes offered and to choose their most preferred alternative. It has always been thought that some attributes are not attended to in this process for many reasons, including a coping strategy...
Persistent link: https://www.econbiz.de/10009202123
Choice behaviour studies typically assume passive bounded rationality, suggesting that decision makers process all information given to them with equal attention. However, it is probable that decision makers invoke any number of attribute processing strategies (APSs) when weighing the...
Persistent link: https://www.econbiz.de/10009202223