Browsing ITLS Working Papers 2005 by author "Hensher, David A."
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Accounting for Exogenous Information on Decision Maker Processing Strategies in Models of Discrete Choice: Attribute Exclusion Strategies in Airline Choice
Rose, John M; Hensher, David A.; Greene, William HPublished 2005-08-01In this paper, we examine the impact of individual specific information processing strategies (IPS) on the inclusion/exclusion of attributes on the parameter estimates and behavioural outputs of models of discrete choice. ...Open AccessWorking Paper -
Accounting for Heterogeneity in the Variance of Unobserved Effects in Mixed Logit Models
Greene, William; Hensher, David A.; Rose, JohnPublished 2005-01-01The growing popularity of mixed logit to obtain estimates of willingness to pay (WTP) has focussed on the distribution of the random parameters and the possibility of estimating deep parameters to account for heterogeneity ...Open AccessWorking Paper -
Competitive tendering as a contracting mechanism for subsidising transportation: The bus experience
Hensher, David A.; Wallis, Ian P.Published 2005-09-01Competitive tendering (CT) is a popular mechanism for the provision of transport services where a major objective is the containment of the cost to government of service provision. Although the primary focus is recognised ...Open AccessWorking Paper -
The implications of respondent attribute processing rules and experimental design on WTP in stated choice experiments
Hensher, David A.Published 2005-06-01Individual’s process the information in stated choice (SC) experiments in many different ways. In order to accommodate decisions rules that are used in processing information, there is good sense in conditioning the ...Open AccessWorking Paper -
The implications of respondent information processing rules on preference revelation in stated choice experiments
Hensher, David A.Published 2005-01-01Individual’s process the information in stated choice (SC) experiments in many different ways. In order to accommodate decisions rules that are used in processing information, there is good sense in conditioning the ...Open AccessWorking Paper -
The implications of Willingness to Pay of Respondents Ignoring Specific Attributes
Hensher, David A.; Rose, John; Greene, William HPublished 2005-01-01Individuals processing the information in a stated choice experiment are typically assumed to evaluate each and every attribute offered within and between alternatives, and to choose their most preferred alternative. ...Open AccessWorking Paper -
The implications on willingness to pay of a stochastic treatment of attribute processing in stated choice studies
Hensher, David A.; Rose, John; Bertoia, TonyPublished 2005-06-01Individuals processing the information in a stated choice experiment are asked to evaluate a set of attributes offered and to choose their most preferred alternative. It has always been thought that some attributes are not ...Open AccessWorking Paper -
Recovering costs through price and service differentiation: Accounting for exogenous information on attribute processing strategies in airline choice
Rose, John M; Hensher, David A.; Greene, William HPublished 2005-06-01The entry of low cost airlines has thrown out a challenge to all airlines to find ways of attracting passengers, through a mix of fare discounting, greater frequency, improved flight times and no-frill’s levels of on-board ...Open AccessWorking Paper -
Road User Charging: The Global Relevance of Recent Developments in the United Kingdom
Hensher, David A.; Puckett, SeanPublished 2005-09-01Charging users of the roads for the costs they impose on the system is not new. Economists have been promoting its virtues for as long as arguments about economic efficiency have been in print. What is different today is ...Open AccessWorking Paper -
The signs of the times: Imposing a globally signed condition on willingness to pay distributions
Hensher, David A.Published 2005-07-01A feature of recent developments in choice models that enable estimation of the distribution of willingness to pay (WTP), is that the sign of the distribution can change over the range. Behaviourally this often makes little ...Open AccessWorking Paper
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