Discrete choice with an oddball alternative
W. W. Recker
Transportation Research Part B: Methodological, 1995, vol. 29, issue 3, 201-211
Abstract:
A discrete choice model is presented that explicitly recognizes differences in the error structure associated with a single "oddball" alternative within the choice set that has properties not common to the other alternatives. The model purportedly resolves questions related to the use of alternative-specific variables in transportation choice models to capture the effects of attributes unique to a single travel alternative, such as "schedule frequency" in the case of modal choice between personal auto and public transit. The model, which shares the general error structure of multinomial logit, is shown to be a modification of a multinomial logit subchoice by terms involving the exponential integral. The model is shown to yield different results from those produced by an equivalent multinomial logit specification. Comparisons to multinomial probit and nested logit formulations are also made.
Date: 1995
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0191-2615(95)00002-U
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:29:y:1995:i:3:p:201-211
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
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 ().