In the competitive aviation market as a result of the emergence of low cost carriers, charter airlines have had to reconsider their approach to service provision. Specifically, the reduction in service and comfort levels offered by the low cost airlines provides charter carriers with an...

The paper presents valuing of qualitative and quantitative travel attributes influencing the attractiveness of suburban train service in Mumbai city, India. A stated preference experiment is designed to capture the data of sub-urban train mode choice behavior. The behavioral data are analyzed...

The aim of this paper is to analyze individual preferences in relation to different job characteristics. This is an important issue in the light of the huge literature in labor economics and human resource management about the impact of monetary and nonmonetary incentives on understanding...

The aim of this paper is to analyze individual preferences in relation to different job characteristics. This is an important issue in the light of the huge literature in labor economics and human resource management about the impact of monetary and nonmonetary incentives on understanding...

The problem of unstable coecients in the rank-ordered logit model has been traditionally interpreted as a sign that survey respondents fail to provide reliable ranking responses. This paper shows that the problem may embody the inherent sensitivity of the model to stochastic misspecification...

Several empirical studies conclude that a majority of economic agents ignore some of observed product attributes when choosing among discrete alternatives. Many of these ndings are based on latent class logit with partially constrained support points wherein the share of each point is...

This paper describes lclogit, a Stata module for estimating a discrete mixture or latent class logit model via the EM algorithm.

At present, Taiwan's freeways adopt frequency-based toll collection mechanism, and the distances between toll stations are about the same. The current toll mechanism cannot differentiate the actual distances travelled by freeway users. To fulfil the purpose of fairness and equity, distance-based...

In this paper, we estimate a mixed logit model for the U.S. processed cheese market and implement cost pass-through simulations and related consumer welfare analysis under different regimes of competition. In the model, the curvature of demand is determined to a significant extent by the...

We estimate a mixed logit demand model for the Japanese digital content market and measure willingness to pay for service attributes. We find that the willingness to pay for an extra unit of service quality ranges from 62 Yen to 83 Yen per month. Meanwhile, the switching cost, a measure of...