Modelling portfolio choice in transportation research

James B. Wiley, Harry J.P. Timmermans

Research output: Contribution to journalArticleAcademicpeer-review

13 Citations (Scopus)


This paper argues that certain choice problems in transportation research can be best conceptualized as problems of portfolio choice. It discusses how portfolio choice problems can be studied using discrete choice experiments, stated choice (conjoint) methods. Issues in the construction in the design of experiments, model specification and estimation are discussed. A working example illustrates the basic approach. Finally, possible extensions of the basic approach are identified.

Original languageEnglish
Pages (from-to)569-586
Number of pages18
JournalTransport Reviews
Issue number5
Publication statusPublished - 1 Sept 2009


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