Weibit choice models: Properties, mode choice application and graphical illustrations
Yu Gu,
Anthony Chen and
Songyot Kitthamkesorn
Journal of choice modelling, 2022, vol. 44, issue C
Abstract:
This study presents the properties of the weibit travel choice model (which was newly developed in 2008) and its applications in transportation research. The weibit model uses a Weibull-distributed random error term, relaxing the identically distributed assumption to derive the closed-form choice probability expression. The properties and advantages of the weibit model are graphically illustrated by comparisons with the commonly used logit model. The relationship between the weibit and logit models are discussed in the transportation context. The applications of weibit models to transportation research are exemplified based on the mode choice modeling in various transportation networks incorporating emerging technologies. The study reveals that weibit models have attractive features for evaluating and planning future transportation systems.
Keywords: Weibit choice model; Weibull distribution; Stochastic user equilibrium; Mode choice (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eejocm:v:44:y:2022:i:c:s1755534522000306
DOI: 10.1016/j.jocm.2022.100373
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