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Aggregation and heterogeneity of choice sets in discrete choice models

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  • Genç, Murat

Abstract

Aggregation methods for making aggregate predictions from disaggregate discrete choice models have previously been developed and analyzed by several authors. The representative agent, classification, and statistical differentials methods are modified to account for heterogeneity of choice sets. An empirical analysis that makes comparisons between the adjusted and unadjusted methods is also provided. The results indicate that the adjusted methods produce much more accurate aggregate predictions than the unadjusted methods.

Suggested Citation

  • Genç, Murat, 1994. "Aggregation and heterogeneity of choice sets in discrete choice models," Transportation Research Part B: Methodological, Elsevier, vol. 28(1), pages 11-22, February.
  • Handle: RePEc:eee:transb:v:28:y:1994:i:1:p:11-22
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    1. S. Selvanathan, 1987. "Do OECD Consumers Obey Demand Theory?," Economics Discussion / Working Papers 87-04, The University of Western Australia, Department of Economics.
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    Cited by:

    1. Mokhtarian, Patricia L. & Salomon, Ilan, 2001. "How derived is the demand for travel? Some conceptual and measurement considerations," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(8), pages 695-719, September.
    2. P L Mokhtarian & I Salomon, 1996. "Modeling the Choice of Telecommuting: 3. Identifying the Choice Set and Estimating Binary Choice Models for Technology-Based Alternatives," Environment and Planning A, , vol. 28(10), pages 1877-1894, October.

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