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Joint mixed logit models of stated and revealed preferences for alternative-fuel vehicles

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Author Info
Brownstone, David
Bunch, David S.
Train, Kenneth

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Abstract

We compare multinomial logit and mixed logit models for data on California households' revealed and stated preferences for automobiles. The stated preference (SP) data elicited households' preferences among gasoline, electric, methanol, and compressed natural gas vehicles with various attributes. The mixed logit models provide improved fits over logit that are highly significant, and show large heterogeneity in respondents' preferences for alternative-fuel vehicles. The effects of including this heterogeneity are demonstrated in forecasting exercises. The alternative-fuel vehicle models presented here also highlight the advantages of merging SP and revealed preference (RP) data. RP data appear to be critical for obtaining realistic body-type choice and scaling information, but they are plagued by multicollinearity and difficulties with measuring vehicle attributes. SP data are critical for obtaining information about attributes not available in the marketplace, but pure SP models with these data give implausible forecasts.

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File URL: http://www.sciencedirect.com/science/article/B6V99-405KDR7-1/2/2f8e52ff428a0214e2bad9b92a25f247
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Publisher Info
Article provided by Elsevier in its journal Transportation Research Part B: Methodological.

Volume (Year): 34 (2000)
Issue (Month): 5 (June)
Pages: 315-338
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Handle: RePEc:eee:transb:v:34:y:2000:i:5:p:315-338

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  3. Elisabetta Cherchi & Juan Dios Ortúzar, 2008. "Empirical Identification in the Mixed Logit Model: Analysing the Effect of Data Richness," Networks and Spatial Economics, Springer, vol. 8(2), pages 109-124, September. [Downloadable!] (restricted)
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  8. J.R. DeShazo & Trudy Ann Cameron & Manrique Saenz, 2001. "Test of Choice Set Misspecification for Discrete Models of Consumer Choice," University of Oregon Economics Department Working Papers 2003-7, University of Oregon Economics Department, revised 05 Nov 2001. [Downloadable!]
  9. Ulrich Kaiser & Wolfgang Sofka, 2007. "The Pulse of Liability of Foreignness: Dynamic Legitimacy and Experience Effects in the German Car Market," CIE Discussion Papers 2007-01, University of Copenhagen. Department of Economics. Centre for Industrial Economics. [Downloadable!]
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  10. Struben, Jeroen J.R.,, 2007. "Identifying Challenges for Sustained Adoption of Alternative Fuel Vehicles and Infrastructure," Working papers 37306, Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
  11. John Rose & Iain Black, 2006. "Means matter, but variance matter too: Decomposing response latency influences on variance heterogeneity in stated preference experiments," Marketing Letters, Springer, vol. 17(4), pages 295-310, December. [Downloadable!] (restricted)
  12. Jasper Willigers & Han Floor & Bert Van Wee, 2005. "High-speed rail’s impact on the location of office employment within the Dutch Randstad area," ERSA conference papers ersa05p308, European Regional Science Association. [Downloadable!]
  13. Hu, Wuyang & Adamowicz, Wiktor L. & Veeman, Michele M., 2004. "Decomposing Unobserved Choice Variability In The Presence Of Consumers' Taste Heterogeneity," 2004 Annual meeting, August 1-4, Denver, CO 19954, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  14. Johansson-Stenman, Olof & Martinsson, Peter, 2004. "Honestly, why are you driving a BMW?," Working Papers in Economics 141, Göteborg University, Department of Economics. [Downloadable!]
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  15. José Manuel Viegas & Helder Cristovão & João Filipe Camisão Caio Vieira & Elisabete A. Silva, 2004. "Interacting Microsoft Visual Basic Procedures (Macros) and GIS tools in order to access optimal location and maximum use of railways and railway infrastructures," ERSA conference papers ersa04p602, European Regional Science Association. [Downloadable!]
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  18. Axel Börsch-Supan & Moshe Ben-Akiva & Kenneth Train & Daniel McFadden, 2002. "Hybrid Choice Models: Progress and Challenges," MEA discussion paper series 02009, Mannheim Research Institute for the Economics of Aging (MEA), University of Mannheim. [Downloadable!]
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  19. Carlos Pestana Barros & Peter Dieke, 2008. "Choice Valuation of Traffic Restrictions: Perspectives on Noise, Pollution and Congestion Preferences," Working Papers 2008/08, Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon.. [Downloadable!]
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