Abstract
Language  English 

Qualification  Doctor of Philosophy 
Awarding Institution 

Supervisors/Advisors 

Thesis sponsors  
Award date  11 May 2018 
DOIs  
State  Unpublished  2018 
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An examination of the risk parameter as a measurement of risk attitude in discrete choice modelling. / Huang, Ying.
2018.Research output: Thesis › Doctoral Thesis
TY  THES
T1  An examination of the risk parameter as a measurement of risk attitude in discrete choice modelling
AU  Huang,Ying
PY  2018
Y1  2018
N2  This thesis advances the representation of risk attitudes in random utility theory as applied in discrete choice models. The analysis reveals that inferring travellers' tolerance to risk by estimating a risk parameter is context dependent. Hence, there is no onetoone correspondence between risk attitude and the sign or magnitude of the risk parameter and standard estimating models are inappropriate. Two modelling remedies are proposed and applied to a mode and time of departure stated preference survey for Perth.
AB  This thesis advances the representation of risk attitudes in random utility theory as applied in discrete choice models. The analysis reveals that inferring travellers' tolerance to risk by estimating a risk parameter is context dependent. Hence, there is no onetoone correspondence between risk attitude and the sign or magnitude of the risk parameter and standard estimating models are inappropriate. Two modelling remedies are proposed and applied to a mode and time of departure stated preference survey for Perth.
KW  transport
KW  discrete choice modelling
KW  parkandride
KW  travel time variation
KW  random utility theory
KW  risk attitude
KW  travel behaviour
U2  10.4225/23/5b0b975d4f91e
DO  10.4225/23/5b0b975d4f91e
M3  Doctoral Thesis
ER 