EconPapers    
Economics at your fingertips  
 

Alternate closed-form weibit-based model for assessing travel choice with an oddball alternative

Yu Gu, Anthony Chen, Songyot Kitthamkesorn and Sunghoon Jang

Transportation Research Part B: Methodological, 2024, vol. 179, issue C

Abstract: Herein, a weibit-based model is proposed as an alternative to Recker's logit choice model with an “oddball” alternative, which explicitly focuses on a single alternative that has unique attributes to other conventional alternatives in the choice set [Recker, W.W. (1995). Discrete choice with an oddball alternative. Transportation Research, 29B, 201–212]. While retaining the closed-form probability expression, the proposed model handles the oddball alternative using a multiplicative random disutility function assuming Weibull distributed random components. The proposed model thus allows disutility-dependent perception variances of both the conventional and oddball alternatives and a flexible variance ratio between them, which are effective to reflect the way how individuals perceive varying magnitudes of travel disutility from different attributes. This gives the proposed model more flexibility to consider various heterogeneity issues, including the heterogeneous perceptions of conventional alternatives, heterogeneous perceptions of unique and common attributes of the oddball alternative, and heterogeneous features of conventional and oddball alternatives. The empirical application of the proposed model is explored to highlight its practical performance. The results demonstrate the superiority of the proposed model in the choice contexts where both oddball effect and heterogeneity issues need to be considered. The proposed model could further provide new behavioral insights into various decision-making scenarios of transportation networks, such as transportation mode choices in the current era of emerging technologies and destination choices in urban agglomerations.

Keywords: Oddball alternative; Closed-form choice model; Weibull distribution (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0191261523001923
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:179:y:2024:i:c:s0191261523001923

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

DOI: 10.1016/j.trb.2023.102867

Access Statistics for this article

Transportation Research Part B: Methodological is currently edited by Fred Mannering

More articles in Transportation Research Part B: Methodological from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:transb:v:179:y:2024:i:c:s0191261523001923