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This paper presents a framework for organizing and discussing factors influencing consumer choice dynamics, how these factors may be incorporated into models of buyer behavior and problems that may arise in estimating such models. The paper identifies research issues and delineates possible...
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We propose another version of the multinomial probit model with a structured covariance matrix to represent any overlapped relation between route alternatives. The fundamental ideas of the model were presented in Yai et al. (1993) and Yai and Iwakura (1994). The assumptions introduced in the...
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Recent studies show that traveler’s scheduling preferences compose a willingness-to-pay function directly corresponding to aggregate measurement of travel time variability under some assumptions. This property makes valuation on travel time variability transferable from context to context,...
Persistent link: https://www.econbiz.de/10011259113
This study contributes to the existing literature on the travel behavioural effects of mobile phone possession and telecommuting by investigating the effects of both and looking at average trips and tours per day as well as tour complexity. In contrast to other studies, we investigate the...
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Fosgerau and Karlstrom [The value of reliability. Transportation Research Part B, Vol. 43 (8–9), pp. 813–820, 2010] presented a derivation of the value of travel time variability (VTTV) with a number of desirable properties. This definition of the VTTV depends on certain properties of the...
Persistent link: https://www.econbiz.de/10008490087