Showing 1 - 9 of 9
Halton sequences were first introduced in the 1960s as an alternative to pseudo-random number sequences, with the aim of providing better coverage of the area of integration and negative correlation in the simulated probabilities between observations. This is needed in order to achieve variance...
Persistent link: https://www.econbiz.de/10011314847
In this paper, we describe part of an ongoing study of airport choice for passengers departing from the San Francisco Bay area. The aim of the present paper is to test for the prevalence of taste heterogeneity across travellers, using the Mixed Multinomial Logit (MMNL) model. Our results...
Persistent link: https://www.econbiz.de/10011318761
Parking policy is an important component of contemporary travel demand management policies. The effectiveness of many parking policy measures depends on influencing parking type choice, so that understanding the factors affecting these choices is of considerable practical importance. Yet,...
Persistent link: https://www.econbiz.de/10011318767
The area of discrete choice modelling has developed rapidly in recent years. In particular, continuing refinements of the Generalised Extreme Value (GEV) model family have permitted the representation of increasingly complex patterns of substitution and parallel advances in estimation capability...
Persistent link: https://www.econbiz.de/10011324601
As a result of increasing road congestion and road pricing, modelling the temporal response of travellers to transport policy interventions has rapidly emerged as a major issue in many practical transport planning studies. A substantial body of research is therefore being carried out to...
Persistent link: https://www.econbiz.de/10011324803
The analysis of air-passengers' choices of departure airport in multi-airport regions is a crucial component of transportation planning in many large metropolitan areas, and has been the topic of an increasing number of studies over recent years. In this paper, we advance the state of the art of...
Persistent link: https://www.econbiz.de/10011324827
Persistent link: https://www.econbiz.de/10010289561
A number of authors have discussed the possible advantages of conditioning parameter distributions on observed choices when working with Mixed Multinomial Logit models. However, the number of applications is still relatively small, partly due to a limited implementation in available software. To...
Persistent link: https://www.econbiz.de/10010289566
This paper compares different types of simulated draws over a range of number of draws in generating Bayesian efficient designs for stated choice (SC) studies. The paper examines how closely pseudo Monte Carlo, quasi Monte Carlo and Gaussian quadrature methods are able to replicate the true...
Persistent link: https://www.econbiz.de/10010289615