Estimating regret-rejoice functions allowing for attribute indifference using polynomial expressions

S. Rasouli, H. J.P. Timmermans

Onderzoeksoutput: Hoofdstuk in Boek/Rapport/CongresprocedureConferentiebijdrageAcademicpeer review

Samenvatting

Regret-based models have recently been introduced in transportation research as an alternative to the utilitymaximizing discrete choice models. Besides the studies examining the predictive performance of regret-based models, relative to random utility models (MNL in particular), the development of these models has focused on the specification of the regret function. While the original model only included regret, more recent models also incorporate the concept of rejoice. In addition, the curvature of the regret-rejoice function has been put under scrutiny. In this paper, we suggest a flexible specification using polynomial expressions, which does not require any a priori assumptions about the curvature of the regret-rejoice function, and in addition incorporates the notion of preference indifference.

Originele taal-2Engels
TitelProceedings of the 21st International Conference of Hong Kong Society for Transportation Studies, HKSTS 2016 - Smart Transportation
RedacteurenA.W.G. Wong, S.H.F. Wong, G.L.M. Leung
UitgeverijHong Kong Society for Transportation Studies
Pagina's59-65
Aantal pagina's7
ISBN van elektronische versie978-988158145-7
StatusGepubliceerd - 1 jan 2018
EvenementThe 21ST International Conference of Hong Kong Society for Transportation Studies - Hong Kong, Hongkong
Duur: 10 dec 201612 dec 2016
http://www.hksts.org/conf16.htm

Congres

CongresThe 21ST International Conference of Hong Kong Society for Transportation Studies
Verkorte titelHKSTS
Land/RegioHongkong
StadHong Kong
Periode10/12/1612/12/16
Internet adres

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