Showing 1 - 10 of 17
This paper establishes the rationale for a method that recognises the interdependency of choices made by two or more agents, known as interactive agency choice experiments (IACEs), and the behavioural implications of maintaining the assumption of agency exogeneity in discrete choice models. We...
Persistent link: https://www.econbiz.de/10009202197
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
To improve airport ground access at Taoyouan International Airport (TIA) in Taiwan, the government of Taiwan is constructing a mass rapid transit system (TIA MRT) to connect the airport and important traffic hubs such as the Taipei train station and the Taoyouan High Speed Rail station. Using...
Persistent link: https://www.econbiz.de/10009211375
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
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
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
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
This paper investigates the role of preference and scale heterogeneity in the mode choice process of shippers in the Atlantic Canada-US eastern seaboard market. The generalised mixed logit model is estimated to account for heterogeneity in preferences for frequency of departure of freight...
Persistent link: https://www.econbiz.de/10009202360