Showing 1 - 10 of 27
Persistent link: https://www.econbiz.de/10014458783
This paper develops new methodological insights on Random Regret Minimization (RRM) models. It starts by showing that the classical RRM model is not scale-invariant, and that – as a result – the degree of regret minimization behavior imposed by the classical RRM model depends crucially on...
Persistent link: https://www.econbiz.de/10011263714
Efficient experimental designs aim to maximise the information obtained from stated choice data to estimate discrete choice models' parameters statistically efficiently. Almost without exception efficient experimental designs assume that decision-makers use a Random Utility Maximisation (RUM)...
Persistent link: https://www.econbiz.de/10014466964
This paper introduces to the field of marketing a regret-based discrete choice model for the analysis of multi-attribute consumer choices from multinomial choice sets. This random regret minimization (RRM) model, which has recently been introduced in the field of transport, forms a regret-based...
Persistent link: https://www.econbiz.de/10010906707
Persistent link: https://www.econbiz.de/10010012433
In this paper, a dynamic and stochastic notion of public transport network vulnerability is developed. While previous studies have considered only the network topology, the granular nature of services requires a more refined model for supply and demand interactions in order to evaluate the...
Persistent link: https://www.econbiz.de/10011154867
Using a primary dataset from an experimental survey in eight European cities, this study identified the key determinants of satisfaction with individual trip stages as well as overall journey experience for different travel modes and traveler groups. Multivariate statistical analyses were used...
Persistent link: https://www.econbiz.de/10010930815
Service reliability is a key determinant of public transport performance. In the context of high-frequency urban lines, irregular service results with long waiting times, bunched vehicles, long delays, uneven passenger loads, poor capacity utilization and higher operational costs. Field...
Persistent link: https://www.econbiz.de/10011077818
Persistent link: https://www.econbiz.de/10011308771
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