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A Modified Composite Cost Measure for Probabilistic Choice Modeling

C S Fisk and D E Boyce

Environment and Planning A, 1984, vol. 16, issue 2, 241-248

Abstract: A modified composite cost function is proposed which overcomes the negativity problem associated with Williams's measure. Also some relationships between the random utility and entropy-maximization approaches to model formulation are explored.

Date: 1984
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:16:y:1984:i:2:p:241-248

DOI: 10.1068/a160241

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