Markov switching multinomial logit model: an application to accident injury severities

• Published in: arXiv.org 2008-11
• Main Authors: Malyshkina, Nataliya V, Mannering, Fred L
• Format: Article
• Language: English
• Subjects: Accidents; Bayesian analysis; Computer simulation; Economic models; Logit models; Markov chains; Monte Carlo simulation; Roads; Roads & highways; Safety; Statistical inference; Statistical models; Switching; Weather
• ISSN: 2331-8422

In this study, two-state Markov switching multinomial logit models are proposed for statistical modeling of accident injury severities. These models assume Markov switching in time between two unobserved states of roadway safety. The states are distinct, in the sense that in different states accident severity outcomes are generated by separate multinomial logit processes. To demonstrate the applicability of the approach presented herein, two-state Markov switching multinomial logit models are estimated for severity outcomes of accidents occurring on Indiana roads over a four-year time interval. Bayesian inference methods and Markov Chain Monte Carlo (MCMC) simulations are used for model estimation. The estimated Markov switching models result in a superior statistical fit relative to the standard (single-state) multinomial logit models. It is found that the more frequent state of roadway safety is correlated with better weather conditions. The less frequent state is found to be correlated with adverse weather conditions.