<title>Abstract</title> This paper serves as background information for the TRB workshop on stated preference modelling. The main argument of the paper is that the development of stated preference and choice models has witnessed increased complexity, which in turn has led to higher respondent burden. The paper...

Behavioral models of the perceived value of travel information are developed that take into account satisficing as well as maximizing behavior, and are suitable for the evaluation of information acquisition for alternative generation as well as assessment. This is done by integrating notions of...