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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...
Persistent link: https://www.econbiz.de/10005191628
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...
Persistent link: https://www.econbiz.de/10013054994
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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
Many types of travel behavior involve positive social interaction (conformity effect) and it sometimes induces undesirable results, such as chronic illegal bicycle parking and illegal car parking. In this study, the conformity effects among bicycle users in the choice problem of bicycle parking...
Persistent link: https://www.econbiz.de/10005270851
Nonparametric conditional density functions are widely used in applied econometric and statistical modelling because they provide enriched information summaries of the relationships between dependent and independent variables. Although least-squares cross-validation is considered to be the best...
Persistent link: https://www.econbiz.de/10008864229
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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...
Persistent link: https://www.econbiz.de/10009393879
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