Random Regret-based Discrete Choice Modeling

Random Regret-based Discrete Choice Modeling PDF Author: Caspar G. Chorus
Publisher: Springer Science & Business Media
ISBN: 3642291503
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
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.

Random Regret-based Discrete Choice Modeling

Random Regret-based Discrete Choice Modeling PDF Author: Caspar G. Chorus
Publisher: Springer Science & Business Media
ISBN: 3642291503
Category : Business & Economics
Languages : en
Pages : 60

Get Book

Book Description
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.

Bounded Rational Choice Behaviour

Bounded Rational Choice Behaviour PDF Author: Soora Rasouli
Publisher: Emerald Group Publishing
ISBN: 1784410713
Category : Transportation
Languages : en
Pages : 288

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Book Description
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

Environmental Valuation with Discrete Choice Experiments PDF Author: Petr Mariel
Publisher: Springer Nature
ISBN: 3030626695
Category : Business & Economics
Languages : en
Pages : 136

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Book Description
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

Handbook of Choice Modelling PDF Author: Stephane Hess
Publisher: Edward Elgar Publishing
ISBN: 1781003157
Category : Business & Economics
Languages : en
Pages : 720

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Book Description
The Handbook of Choice Modelling, composed of contributions from senior figures in the field, summarizes the essential analytical techniques and discusses the key current research issues. The book opens with Nobel Laureate Daniel McFadden calling for d

Applied Discrete-Choice Modelling

Applied Discrete-Choice Modelling PDF Author: David A. Hensher
Publisher: Routledge
ISBN: 1351140744
Category : Business & Economics
Languages : en
Pages : 285

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Book Description
Originally published in 1981. Discrete-choice modelling is an area of econometrics where significant advances have been made at the research level. This book presents an overview of these advances, explaining the theory underlying the model, and explores its various applications. It shows how operational choice models can be used, and how they are particularly useful for a better understanding of consumer demand theory. It discusses particular problems connected with the model and its use, and reports on the authors’ own empirical research. This is a comprehensive survey of research developments in discrete choice modelling and its applications.

Designing Online Experiments for the Social Sciences

Designing Online Experiments for the Social Sciences PDF Author: Giuseppe Veltri
Publisher: SAGE Publications Limited
ISBN: 152978882X
Category : Social Science
Languages : en
Pages : 152

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Book Description
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.

Proceedings of the 3rd ISESSAH Conference 2019

Proceedings of the 3rd ISESSAH Conference 2019 PDF Author: Bouda Vosough Ahmadi
Publisher: Frontiers Media SA
ISBN: 288971795X
Category : Medical
Languages : en
Pages : 233

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Book Description


International Encyclopedia of Transportation

International Encyclopedia of Transportation PDF Author:
Publisher: Elsevier
ISBN: 0081026722
Category : Law
Languages : en
Pages : 4418

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Book Description
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

Springer Handbook of Engineering Statistics PDF Author: Hoang Pham
Publisher: Springer Nature
ISBN: 1447175034
Category : Technology & Engineering
Languages : en
Pages : 1136

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Book Description
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.

Proceedings of the 4th International Conference on Electrical and Information Technologies for Rail Transportation (EITRT) 2019

Proceedings of the 4th International Conference on Electrical and Information Technologies for Rail Transportation (EITRT) 2019 PDF Author: Baoming Liu
Publisher: Springer Nature
ISBN: 9811529140
Category : Technology & Engineering
Languages : en
Pages : 715

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Book Description
This book reflects the latest research trends, methods and experimental results in the field of electrical and information technologies for rail transportation, which covers abundant state-of-the-art research theories and ideas. As a vital field of research that is highly relevant to current developments in a number of technological domains, the subjects it covered include intelligent computing, information processing, Communication Technology, Automatic Control, etc. The objective of the proceedings is to provide a major interdisciplinary forum for researchers, engineers, academicians as well as industrial professionals to present the most innovative research and development in the field of rail transportation electrical and information technologies. Engineers and researchers in academia, industry, and the government will also explore an insight view of the solutions that combine ideas from multiple disciplines in this field. The volumes serve as an excellent reference work for researchers and graduate students working on rail transportation, electrical and information technologies.