Random Regret Based Discrete Choice Modeling

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Random Regret Based Discrete Choice Modeling
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Author : Caspar G. Chorus
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-04-05
Random Regret Based Discrete Choice Modeling written by Caspar G. Chorus and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-05 with Business & Economics categories.
This tutorial presents a hands-on introduction to a new discrete choice modeling approach based on the behavioral notion of regret-minimization. This so-called Random Regret Minimization-approach (RRM) forms a counterpart of the Random Utility Maximization-approach (RUM) to discrete choice modeling, which has for decades dominated the field of choice modeling and adjacent fields such as transportation, marketing and environmental economics. Being as parsimonious as conventional RUM-models and compatible with popular software packages, the RRM-approach provides an alternative and appealing account of choice behavior. Rather than providing highly technical discussions as usually encountered in scholarly journals, this tutorial aims to allow readers to explore the RRM-approach and its potential and limitations hands-on and based on a detailed discussion of examples. This tutorial is written for students, scholars and practitioners who have a basic background in choice modeling in general and RUM-modeling in particular. It has been taken care of that all concepts and results should be clear to readers that do not have an advanced knowledge of econometrics.
Spm3610
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Author : Caspar Chorus
language : en
Publisher:
Release Date : 2012
Spm3610 written by Caspar Chorus and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Bounded Rational Choice Behaviour
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Author : Soora Rasouli
language : en
Publisher: Emerald Group Publishing
Release Date : 2015-01-30
Bounded Rational Choice Behaviour written by Soora Rasouli and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-30 with Transportation categories.
The book is an attempt to stimulate development in travel behaviour analysis and provide a basic source of reference to the transportation research community. The aim of the book is to give centre stage to some recent innovative approaches to models of bounded rationality, both under conditions of certainty and uncertainty.
Environmental Valuation With Discrete Choice Experiments
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Author : Petr Mariel
language : en
Publisher: Springer Nature
Release Date : 2020-11-30
Environmental Valuation With Discrete Choice Experiments written by Petr Mariel and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-30 with Business & Economics categories.
This open access book offers up-to-date advice and practical guidance on how to undertake a discrete choice experiment as a tool for environmental valuation. It discusses crucial issues in designing, implementing and analysing choice experiments. Compiled by leading experts in the field, the book promotes discrete choice analysis in environmental valuation through a more solid scientific basis for research practice. Instead of providing strict guidelines, the book helps readers avoid common mistakes often found in applied work. It is based on the collective reflections of the scientific network of researchers using discrete choice modelling in the field of environmental valuation (www.envecho.com).
Handbook Of Choice Modelling
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Author : Stephane Hess
language : en
Publisher: Edward Elgar Publishing
Release Date : 2024-06-05
Handbook Of Choice Modelling written by Stephane Hess and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-06-05 with Business & Economics categories.
This thoroughly revised second edition Handbook provides an authoritative and in-depth overview of choice modelling, covering essential topics range from data collection through model specification and estimation to analysis and use of results. It aptly emphasises the broad relevance of choice modelling when applied to a multitude of fields, including but not limited to transport, marketing, health and environmental economics.
Models And Applications Of Tourists Travel Behavior
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Author : Francesca Pagliara
language : en
Publisher: Elsevier
Release Date : 2025-03-14
Models And Applications Of Tourists Travel Behavior written by Francesca Pagliara and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-03-14 with Law categories.
Models and Applications of Tourists' Travel Behavior offers an exhaustive overview of various approaches to modeling tourists' travel behavior, aiding readers in selecting the most suitable theoretical approach based on the available data. The book bridges traditional travel behavior theories and tourist studies, introducing specific tourist contexts in travel demand modeling. It transcends theoretical understanding, providing practical insights for choosing the right model and data source. It covers theoretical, descriptive, and statistical approaches to modeling, discussing choice models based on both Stated Preference Data and Revealed Preference Data.The book starts by exploring the role of transport in tourist travel behavior and employs a comprehensive literature review to establish a foundational understanding. The concluding chapters delve into machine learning methods, emphasizing the modeling of transport in tourism, including mode choice, waiting time, and delay modeling. This resource is beneficial for educators, students, and researchers alike, providing a solid foundation for future model development. - Includes the latest advances in methodologies, such as machine learning algorithms, mixed methods, and how to leverage big data to complement traditional regression models - Compares the pros and cons of each method to help with choosing the appropriate model for each scenario - Covers all modes of transportation while uniquely focusing on the tourist context in the modeling process
Designing Online Experiments For The Social Sciences
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Author : Giuseppe Veltri
language : en
Publisher: SAGE Publications Limited
Release Date : 2023-04-13
Designing Online Experiments For The Social Sciences written by Giuseppe Veltri and has been published by SAGE Publications Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-13 with Social Science categories.
This book guides you through designing and implementing an online experiment in social science research in a clear and straightforward manner. At an approachable pace, it covers foundational principles of good experimental design before setting out best practice for how to design and conduct web experiments, taking into account the specific methodological challenges of working online with digital tools. The book: Offers practical advice for approaching every stage of the research process Breaks real-world examples into easy to follow steps Focuses on how to make good decisions and choose the right design for your research project This pragmatic guide helps beginner researchers get started with online experiments confidently. It is supported by online resources such as case studies which allow you to see the concepts in practice, and weblinks to tools and resources to aid you.
Choice Modelling
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Author : Stephane Hess
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-01-01
Choice Modelling written by Stephane Hess and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Business & Economics categories.
'This collection of papers, by leading researchers in the field, provides an excellent view of the current state of research and applications. Exciting new techniques are presented, and realistic solutions are offered to issues that arise in applied work. It is an admirably rich volume, offering valuable insights for all readers of choice modeling.' Kenneth Train, University of California, Berkeley and NERA Economic Consulting, Inc., San Francisco, California, US 'I'm an enthusiastic fan of the ICMC, where researchers are friendly, genuinely interested in learning from and helping one another. There is much to learn because each discipline brings a different perspective to the field and to theoretical and applied problems in decision-making and choice behavior. The ICMC embodies the philosophy that most real choice problems are complex and require a cross-disciplinary approach. The papers in this volume represent an eclectic cross-section of the topics covered by key researchers in the field. I look forward to getting our PhD students and postdocs stuck into them.' Jordan Louviere, University of Technology Sydney, Australia Choice modelling has been one of the most active fields in economics over recent years. This valuable new book contains leading contributions from academics and practitioners from across the different areas of study where choice modelling is a key analytical technique, drawn from a recent international conference. Choice models explain the behaviour of individuals by quantifying their values, responses and perceptions of attributes describing the various options (alternatives) available to them. Policy makers and planners have long since recognised the potential of using choice models for guidance purposes, with applications in fields as diverse as transport analysis, healthcare, telecommunications, public service evaluation and energy. The unique mix of theoretical and applied chapters will appeal to academics, students, researchers and practitioners in various fields, as well as anyone with a general interest in the subject.
International Encyclopedia Of Transportation
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Author :
language : en
Publisher: Elsevier
Release Date : 2021-05-13
International Encyclopedia Of Transportation written by and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-13 with Law categories.
In an increasingly globalised world, despite reductions in costs and time, transportation has become even more important as a facilitator of economic and human interaction; this is reflected in technical advances in transportation systems, increasing interest in how transportation interacts with society and the need to provide novel approaches to understanding its impacts. This has become particularly acute with the impact that Covid-19 has had on transportation across the world, at local, national and international levels. Encyclopedia of Transportation, Seven Volume Set - containing almost 600 articles - brings a cross-cutting and integrated approach to all aspects of transportation from a variety of interdisciplinary fields including engineering, operations research, economics, geography and sociology in order to understand the changes taking place. Emphasising the interaction between these different aspects of research, it offers new solutions to modern-day problems related to transportation. Each of its nine sections is based around familiar themes, but brings together the views of experts from different disciplinary perspectives. Each section is edited by a subject expert who has commissioned articles from a range of authors representing different disciplines, different parts of the world and different social perspectives. The nine sections are structured around the following themes: Transport Modes; Freight Transport and Logistics; Transport Safety and Security; Transport Economics; Traffic Management; Transport Modelling and Data Management; Transport Policy and Planning; Transport Psychology; Sustainability and Health Issues in Transportation. Some articles provide a technical introduction to a topic whilst others provide a bridge between topics or a more future-oriented view of new research areas or challenges. The end result is a reference work that offers researchers and practitioners new approaches, new ways of thinking and novel solutions to problems. All-encompassing and expertly authored, this outstanding reference work will be essential reading for all students and researchers interested in transportation and its global impact in what is a very uncertain world. Provides a forward looking and integrated approach to transportation Updated with future technological impacts, such as self-driving vehicles, cyber-physical systems and big data analytics Includes comprehensive coverage Presents a worldwide approach, including sets of comparative studies and applications
Springer Handbook Of Engineering Statistics
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Author : Hoang Pham
language : en
Publisher: Springer Nature
Release Date : 2023-04-20
Springer Handbook Of Engineering Statistics written by Hoang Pham and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-20 with Technology & Engineering categories.
In today’s global and highly competitive environment, continuous improvement in the processes and products of any field of engineering is essential for survival. This book gathers together the full range of statistical techniques required by engineers from all fields. It will assist them to gain sensible statistical feedback on how their processes or products are functioning and to give them realistic predictions of how these could be improved. The handbook will be essential reading for all engineers and engineering-connected managers who are serious about keeping their methods and products at the cutting edge of quality and competitiveness.