Showing 1 - 10 of 152
Model misspecification is a serious issue since misspecification generally renders statistical inference invalid. However, specification testing of discrete choice models is rarely applied. This paper describes a nonparametric test procedure which uses a combination of smoothed residual plots...
Persistent link: https://www.econbiz.de/10011367197
Persistent link: https://www.econbiz.de/10011564246
Persistent link: https://www.econbiz.de/10010424264
Persistent link: https://www.econbiz.de/10001597352
Persistent link: https://www.econbiz.de/10003966503
Persistent link: https://www.econbiz.de/10009938198
We propose a method to generate flexible mixture distributions that are useful for estimating models such as the mixed logit model using simulation. The method is easy to implement, yet it can approximate essentially any mixture distribution. We test it with good results in a simulation study...
Persistent link: https://www.econbiz.de/10010678800
This paper considers the value of travel time variability under scheduling preferences that are defined in terms of linearly time varying utility rates associated with being at the origin and at the destination. The main result is a simple expression for the value of travel time variability that...
Persistent link: https://www.econbiz.de/10008868406
This paper considers a congested bottleneck. A fast lane reserves a more than proportional share of capacity to a designated group of travelers. Travelers are otherwise identical and other travelers can use the reserved capacity when it would otherwise be idle. The paper shows that such a fast...
Persistent link: https://www.econbiz.de/10009143141
Persistent link: https://www.econbiz.de/10009327725