• Contrasts of Relative Advantage Maximisation with Random Utility Maximisation and Regret Minimisation 

  Leong, Waiyan; Hensher, David A. (Journal of Transport Economics and Policy, 2015)

  This paper discusses the theoretical properties and the empirical application of an improved version of the ‘relative advantage maximising’ (RAM) model. This model shares several desirable features of a set of models based ...

• Understanding Buy in for Risky Prospects: Incorporating Degree of Belief into the ex ante Assessment of Support for Alternative Road Pricing Schemes 

  Hensher, David A.; Rose, John M; Collins, Andrew T (Journal of Transport Economics and Policy, 2013)

  This paper investigates support for road pricing reform within a referendum voting choice model. Central to this is how to identify believable ex-ante support for specific road pricing schemes. Our approach is centred on ...

• Understanding Buy in for Risky Prospects: Incorporating Degree of Belief into the ex ante Assessment of Support for Alternative Road Pricing Schemes 

  Hensher, David A.; Collins, Andrew T.; Rose, John M (2012)

  This paper investigates support for road pricing reform within the framework of a referendum voting choice model. Central to this task is how to identify ex ante support for specific road pricing schemes, such that the ...

• Random Regret Minimization and Random Utility Maximization in the Presence of Preference Heterogeneity: An Empirical Contrast 

  Hensher, David A.; Greene, WIlliam H; Ho, Chinh Q (American Society of Civil Engineers, 2016)

  Random regret minimisation (RRM) interpretations of discrete choices are growing in popularity as a complementary modelling paradigm to random utility maximisation (RUM). While behaviourally very appealing in the sense of ...

• Accommodating Perceptual Conditioning in the Valuation of Expected Travel Time Savings for Cars and Public Transport 

  Li, Zheng; Hensher, David A.; Rose, John M (Elsevier Science LTD, 2013)

  Travel time variability (i.e., random variations in travel time) leads to a travel time distribution for a repeated trip from a fixed origin to destination (e.g., from home to work). To represent travel time variability, ...

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