Monte Carlo Simulation of Adaptive Stated Preference Survey with a case study: Effects of Aggregate Mode Shares on Individual Mode Choice
AbstractMonte Carlo experiments are used to study the unbiasedness of several common random utility models for a proposed adaptive stated preference survey. This survey is used to study the influence of the knowledge of existing mode shares on travelers mode choice. Furthermore, the survey is applied to a sample of subjects selected from the University of Minnesota. The results indicate that the presence of mode shares in the mode choice model does influence the decision of travelers. The estimates are found to be biased by the Monte Carlo experiments.
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Bibliographic InfoPaper provided by University of Minnesota: Nexus Research Group in its series Working Papers with number 000110.
Date of creation: 2012
Date of revision:
Publication status: Published in working paper
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mode choice; mode shares; mixed logit; stated preference.;
Find related papers by JEL classification:
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-08-23 (All new papers)
- NEP-DCM-2012-08-23 (Discrete Choice Models)
- NEP-ECM-2012-08-23 (Econometrics)
- NEP-ORE-2012-08-23 (Operations Research)
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