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One typical aim of choice experiment designs is utility balance, that is, the alternatives defined within each choice set should have similar choice probabilities; otherwise, choice is too easy and little information about preferences may be obtained. Therefore, in a good design respondents may...
Persistent link: https://www.econbiz.de/10008488162
<title>Abstract</title> Individual choices are affected by complex factors and the challenge consists of how to incorporate these factors in order to improve the realism of the modelling work. The presence of limits, cut‐offs or thresholds in the perception and appraisal of both attributes and alternatives...
Persistent link: https://www.econbiz.de/10011133995
The geographical conditions of Colombia limit connectivity among regions, making communication between different areas of the country difficult. Although Colombia has a major waterway system that could facilitate regional communication, much of the territory is functionally disjointed, which is...
Persistent link: https://www.econbiz.de/10011077824
In this paper we formulate a discrete choice model that incorporates thresholds in the perception of changes in attribute values. The model considers multiple options and allows for changes in several attributes. We postulate that if thresholds exist they could be random, differ between...
Persistent link: https://www.econbiz.de/10005279699
Random utility models are typically based on the assumptions that individuals exhibit compensatory behaviour and that their choice sets are pre-specified. These assumptions may be unrealistic in many practical cases; in particular, it has been argued that thresholds may be part of...
Persistent link: https://www.econbiz.de/10005115127
<title>Abstract</title> A relevant issue for the strategic modeling of interregional freight transport networks is to include external costs as part of a policy that supports the mechanisms for managing and pricing to achieve the social optimum. In this paper, a freight transport model, including external...
Persistent link: https://www.econbiz.de/10011134119
The paper develops a set of analytical formulations to study the behavior of the urban delivery industry in response to cordon time-of-day pricing, time-distance pricing, and comprehensive financial policies targeting carriers and receivers. This is accomplished by modeling the behavior of...
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