Two kinds of model specifications are established to detect the presence of individual preference heterogeneity. The first approach is to capture the systematic taste variations through the multinomial Logit models. The second way is to capture the random taste variations through the specification of mixed Logit models, in which four distributions are considered for time parameter. Results shows that: random taste variation capturation results are better than the systematic ones and Johnson distribution is the best to capture the random taste variations comparing with other distributions.
Modeling Travel Mode Choice Behavior and Individual Time Preference Heterogeneity
First International Conference on Transportation Engineering ; 2007 ; Southwest Jiaotong University, Chengdu, China
2007-07-09
Conference paper
Electronic Resource
English
Modeling Travel Mode Choice Behavior and Individual Time Preference Heterogeneity
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