Abstract
Recent modelling approaches to jointly estimating revealed preference (RP) and stated preference (SP) have incorporated random effects or error-components to account for the panel data characteristics when observing multiple SP choices. This paper extends the panel data approach to SP data enrichment models by estimating substitution patterns that depend on the respondent’s current mode (RP). This is relevant to a choice experiment which incorporates the time-of-day choice along with the possibility of switching modes. The substitution dependence error components structure of the model is used to uncover whether a respondent perceives a change in mode or a change in departure time as the closer substitute to their current travel choice.
Original language | English |
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Title of host publication | 2016 Australasian Transport Research Forum Papers |
Editors | William Young |
Place of Publication | Australia |
Publisher | Australasian Transport Research Forum |
Number of pages | 12 |
Publication status | Published - 2016 |
Event | 38th Australasian Transport Research Forum 2016 - Melbourne, Australia Duration: 16 Nov 2016 → 18 Nov 2016 |
Conference
Conference | 38th Australasian Transport Research Forum 2016 |
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Country/Territory | Australia |
City | Melbourne |
Period | 16/11/16 → 18/11/16 |