Latent class model or mixed logit model? A comparison by transport mode choice data

Applied Economics

Volumn 41, Issue 22, 2009, Pages 2915-2924

  Shen, Junyi ^a  

^a OSAKA UNIVERSITY   (Japan)

Author keywords

[No Author keywords available]

Indexed keywords

DATA SET; LOGIT ANALYSIS; MODELING; PUBLIC TRANSPORT; TRANSPORTATION MODE;

ASIA; EURASIA; FAR EAST; JAPAN;

EID: 70350015249     PISSN: 00036846     EISSN: 14664283     Source Type: Journal    
DOI: 10.1080/00036840801964633     Document Type: Article

References (25)

1. Ben-Akiva, M. E. and Swait, J. D. (1986) The Akaike likelihood ratio index, Transportation Science, 20, 133-6.
2. Bhat, C. R. (2001) Quasi-random maximum simulated likelihood estimation of the mixed logit model, Transportation Research Part B, 35, 677-93.
3. Bhat, C. R. (2003) Simulation estimation of mixed discrete choice models using randomized and scrambled Halton sequences, Transportation Research Part B, 37, 837-55.
4. Bhat, C. R. and Gossen, R. (2004) A mixed multinomial logit model analysis of weekend recreational episode type choice, Transportation Research Part B, 38, 767-87.
5. Bishop, R. C. and Provencher, B. (2004) Does accounting for preference heterogeneity improve the forecasting of a random utility model? A case study, Journal of Environmental Economics and Management, 48, 793-810.
6. Boxall, P. C. and Adamowicz, W. L. (2002) Understanding heterogeneous preferences in random utility models: a latent class approach, Environmental and Resource Economics, 23, 421-46.
7. Greene, W. H. (2003) Econometric Analysis, 5th edn, Pearson Education International, New York.
8. Greene, W. H. and Hensher, D. A. (2003) A latent class model for discrete choice analysis: contrasts with mixed logit, Transportation Research Part B, 37, 681-98.
9. Hensher, D. A., Rose, J. M. and Greene, W. H. (2005) Applied Choice Analysis: a Primer, Cambridge University Press, Cambridge.
10. Hess, S., Bierlaire, M. and Polak, J. W. (2005) Estimation of value of travel-time saving using mixed logit models, Transportation Research Part A, 39, 221-36.
11. Kim, Y., Lee, J. D. and Koh, D. (2005) Effects of consumer preferences on the convergence of mobile telecommunications devices, Applied Economics, 37, 817-26.
12. Louviere, J. J., Hensher, D. A. and Swait, J. D. (2000) Stated Choice Methods: Analysis and Applications, Cambridge University Press, Cambridge.
13. McFadden, D. (1979) Quantitative methods for analyzing travel behavior of individuals: some recent developments, in Behavioral Travel Modeling (Eds) D. A. Hensher and P. R. Stopher, Croom Helm, London.
14. McFadden, D. and Train, K. (2000) Mixed MNL models for discrete response, Journal of Applied Econometrics, 15, 447-70.
15. Morey, E., Thacher, J. and Breffle, W. (2006) Using Angler characteristics and attitudinal data to identify environmental preference classes: a latent-class model, Environmental and Resource Economics, 34, 91-115.
16. Persson, T. H. (2002) Welfare calculations in models of the demand for sanitation, Applied Economics, 34, 1509-18.
17. Redmond, L. S. and Mokhtarian, P. L. (2001) The positive utility of the commute: modeling ideal commute time and relative desired commute amount, Transportation, 28, 179-205.
18. Revelt, D. and Train, K. (1998) Incentives for appliance efficiency in a competitive energy environment: random parameters logit models of households' choices, Review of Economics and Statistics, 80, 647-57.
19. Richard, A. J. (2003) Some evidence of travelers with zero value-of-time, Transportation Research Record, 1854, 107-13.
20. Sakata, Y., Shen, J. and Hashimoto, Y. (2006) The influence of environmental deterioration and network improvement on transport mode choice, Working Paper in Economics and Business No. 06-04, Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University.
21. Shen, J. (2006) A review of stated choice method, International Public Policy Studies, 10, 97-121.
22. Shen, J., Sakata, Y. and Hashimoto, Y. (2007) Is individual environmental consciousness one of the determinants in transport mode choice?, Applied Economics, 40, 1229-39.
23. Train, K. (2003) Discrete Choice Methods with Simulation, Cambridge University Press, New York.
24. Train, K. and Sandor, Z. (2004) Quasi-random simulation of discrete choice models, Transportation Research Part B, 38, 313-27.
25. Viton, P. A. (2004) Will mixed logit change urban transport policies?, Journal of Transport Economics and Policy, 38, 403-23.