DocumentCode
3049049
Title
Four types of typical discrete Choice Models: Which are you using?
Author
Yu, Lijun ; Sun, Bin
Author_Institution
Sch. of Civil & Transp. Eng., South China Univ. of Technol., Guangzhou, China
fYear
2012
fDate
8-10 July 2012
Firstpage
298
Lastpage
301
Abstract
Four types of typical discrete Choice Models: Multinomial logit (MNL) model, Nested logit (NL)model, Heteroscedastic Extreme Value (HEV)Model and Mixed logit model, have been proposed and implemented in empirical investigations, although there is no universally acknowledged using principle. Here we report study to test this type of models in a travel mode choice case. We implemented four models calibration using software programmed by ourselves. We found that if sample data satisfied with IIA property, our experience has confirmed that MNL is the first choice in mode split forecasting. The nested logit model and Heteroscedastic Extreme Value (HEV)Model are not significantly better than the multinomial logit model. Mixed logit model corrects IIA flaw, but is somewhat more difficult to estimate.
Keywords
decision making; forecasting theory; calibration; discrete choice models; heteroscedastic extreme value model; mixed logit model; mode split forecasting; multinomial logit model; nested logit model; travel mode choice; Atmospheric modeling; Economics; Educational institutions; Hybrid electric vehicles; Predictive models; heteroscedastic extreme Value; mixed logit mode; multinomial logit; nested logit; transport mode choice;
fLanguage
English
Publisher
ieee
Conference_Titel
Service Operations and Logistics, and Informatics (SOLI), 2012 IEEE International Conference on
Conference_Location
Suzhou
Print_ISBN
978-1-4673-2400-7
Type
conf
DOI
10.1109/SOLI.2012.6273550
Filename
6273550
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