Selection of Recent Developments in RRM-Modeling

Caspar G. Chorus
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Caspar G. Chorus: Delft University of Technology

Chapter Chapter 5 in Random Regret-based Discrete Choice Modeling, 2012, pp 43-52 from Springer

Abstract: Abstract Very recently, a number of developments have taken place that have further broadened the scope of the Random Regret Minimization approach to discrete choice modeling. This chapter provides brief introductions to some of these developments, without aiming to be complete with respect to the number of developments covered nor the amount of detail provided for any one particular development. Instead, this chapter’s sections aim to provide some first insights into these recent developments. Wherever relevant, references are provided to research papers providing more elaborate discussions. Avenues for further research are discussed at the end of each section. Finally note that these recent developments are discussed here in the context of transportation-related choices. However, relevance and implications for other fields can be easily seen. Sections 5.1, 5.3, and 5.4 draw from recently published papers or papers that are currently in press. Citations are provided wherever relevant.

Keywords: Travel Time; Household Member; Travel Cost; Prospect Theory; Loss Aversion (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/978-3-642-29151-7_5

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