Semiparametric specification of the utility function in a travel mode choice model

We propose a semiparametric approach that can capture the nonlinearity of deterministic components of the utility functions in discrete choice models and demonstrate it by analyzing travel mode choice behaviour for an interregional trip. The proposed smoothing spline-based specification method can b...

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Bibliographic Details
Published in:Transportation (Dordrecht) 2010-03, Vol.37 (2), p.221-238
Main Authors: Fukuda, Daisuke, Yai, Tetsuo
Format: Article
Language:English
Subjects:
Applied sciences
Consumer behaviour
Discrete choice model
Econometrics
Economic Geography
Economics
Economics and Finance
Elasticity of demand
Engineering Economics
Evaluation
Exact sciences and technology
Generalized additive model
Ground, air and sea transportation, marine construction
Innovation/Technology Management
International
Interregional trip
Logistics
Marketing
Organization
Rational choice
Regional/Spatial Science
Semiparametric specification
Smoothing spline
Statistical analysis
Studies
Transport economics
Transportation planning
Travel
Travel mode choice
Urban traffic
Utility functions
Utility theory
Variables
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Summary:We propose a semiparametric approach that can capture the nonlinearity of deterministic components of the utility functions in discrete choice models and demonstrate it by analyzing travel mode choice behaviour for an interregional trip. The proposed smoothing spline-based specification method can be used to make ex ante evaluations regarding the parametric specifications of the deterministic utility functions in discrete choice models.
ISSN:0049-4488
1572-9435
DOI:10.1007/s11116-009-9253-5