This paper develops a blueprint (complete with matrix notation) to apply Bhat's (2011) Maximum Approximate Composite Marginal Likelihood (MACML) inference approach for the …
OA Smirnov - Transportation Research Record, 2010 - journals.sagepub.com
Random utility models customarily assume strict independence of individual decision makers. Evidence of crowding, peer pressure, herd behavior, and other instances of …
CR Bhat, R Sidharthan - Transportation Research Part B: Methodological, 2011 - Elsevier
This paper evaluates the ability of the maximum approximate composite marginal likelihood (MACML) estimation approach to recover parameters from finite samples in mixed cross …
CR Bhat - Transportation systems planning: methods and …, 2003 - Citeseer
In this chapter, we provide an overview of the motivation for, and structure of, advanced discrete choice models derived from random-utility maximization. The discussion is intended …
In this paper the statistical and predictive performance of two disaggregate choice models that incorporate probabilistic choice set formation are compared with a standard logit …
Endogeneity and correlated alternatives are major concerns to be addressed in travel behavior analysis. However, these issues have rarely been dealt with simultaneously in …
Motivated by practical and theoretical shortcomings of existing discrete choice models of travel behavior, especially in the application context of developing countries, this research …
CR Bhat, N Eluru, RB Copperman - Handbook of Transport Modelling …, 2007 - emerald.com
Econometric discrete choice analysis is an essential component of studying individual choice behavior and is used in many diverse fields to model consumer demand for …
Discrete choice models and, more recently, latent variable models have been widely applied to problems in transportation, economics, geography, marketing, public policy and …