A spatial rank-ordered probit model with an application to travel mode choice
Aupal Mondal and
Chandra R. Bhat
Transportation Research Part B: Methodological, 2022, vol. 155, issue C, 374-393
Ranking data provide important additional information related to valuation because of the implied preference sequence among all alternatives, rather than just the top choice preference. This additional information from a preference ranking can be exploited to achieve a certain desired precision in choice model estimation with a much smaller sample size, making ranked data surveys much more cost-effective than first-choice surveys. In this paper, we propose a spatial rank-ordered probit (SROP) model that accommodates both spatial lag effects as well as spatial drift effects. To our knowledge, this is the first such formulation and application of an SROP model in the econometric and transportation literature. An application of the proposed model is demonstrated in a travel mode choice ranking experiment among seven alternatives, including autonomous vehicle (AV) private ride-hailing and AV pooled ride-hailing.
Keywords: Ranked data analysis; Probit models; Spatial econometrics; Travel mode choice; Autonomous vehicles (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:155:y:2022:i:c:p:374-393
Ordering information: This journal article can be ordered from
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 ().