Latent variables and route choice behavior
Carlo Giacomo Prato,
Shlomo Bekhor and
Cristina Pronello
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Carlo Giacomo Prato: Department of Transport - DTU - Danmarks Tekniske Universitet = Technical University of Denmark
Shlomo Bekhor: Faculty of Civil and Environmental Engineering - Technion - Israel Institute of Technology [Haifa]
Cristina Pronello: LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique, Dipartimento di Idraulica Trasporti e Infrastrutture Civili - Polito - Politecnico di Torino = Polytechnic of Turin
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Abstract:
In the last decade, a broad array of disciplines has shown a general interest in enhancing discrete choice models by considering the incorporation of psychological factors affecting decision making. This paper provides insight into the comprehension of the determinants of route choice behavior by proposing and estimating a hybrid model that integrates latent variable and route choice models. Data contain information about latent variable indicators and chosen routes of travelers driving regularly from home to work in an urban network. Choice sets include alternative routes generated with a branch and bound algorithm. A hybrid model consists of measurement equations, which relate latent variables to measurement indicators and utilities to choice indicators, and structural equations, which link travelers' observable characteristics to latent variables and explanatory variables to utilities. Estimation results illustrate that considering latent variables (i.e., memory, habit, familiarity, spatial ability, time saving skills) alongside traditional variables (e.g., travel time, distance, congestion level) enriches the comprehension of route choice behavior.
Keywords: Route choice behavior; Latent variables; Hybrid model; Measurement and structural equations; Path size correction logit (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (23)
Published in Transportation, 2012, 39 (2), pp.299-319. ⟨10.1007/s11116-011-9344-y⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00733464
DOI: 10.1007/s11116-011-9344-y
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