Generalized multivariate extreme value models for explicit route choice sets
| Field | Value | Language |
| dc.contributor.author | Smits, Erik-Sander | |
| dc.contributor.author | Pel, Adam J. | |
| dc.contributor.author | Bliemer, Michiel C.J. | |
| dc.contributor.author | Arema, Bart van | |
| dc.date.accessioned | 2018-11-20 | |
| dc.date.available | 2018-11-20 | |
| dc.date.issued | 2018-08-01 | |
| dc.identifier.issn | 1832-570X | |
| dc.identifier.uri | http://hdl.handle.net/2123/19128 | |
| dc.description.abstract | This paper analyses a class of route choice models with closedform probability expressions, namely, Generalized Multivariate Extreme Value (GMEV) models. A large group of these models emerge from different utility formulas that combine systematic utility and random error terms. Twelve models are captured in a single discrete choice framework. The additive utility formula leads to the known logit family, being multinomial, path-size, paired combinatorial and link-nested. For the multiplicative formulation only the multinomial and path-size weibit models have been identified; this study also identifies the paired combinatorial and link-nested variations, and generalizes the path-size variant. Furthermore, a new traveller's decision rule based on the multiplicative utility formula with a reference route is presented. Here the traveller chooses exclusively based on the differences between routes. This leads to four new GMEV models. We assess the models qualitatively based on a generic structure of route utility with random foreseen travel times, for which we empirically identify that the variance of utility should be different from thus far assumed for multinomial probit and logit-kernel models. The expected travellers' behaviour and model-behaviour under simple network changes are analysed. Furthermore, all models are estimated and validated on an illustrative network example with long distance and short distance origin-destination pairs. The new multiplicative models based on differences outperform the additive models in both tests. | en |
| dc.relation.ispartofseries | ITLS-WP-18-15 | en |
| dc.rights | Other | en |
| dc.subject | Route choice | en |
| dc.subject | Random utility maximization | en |
| dc.subject | Multivariate extreme value | en |
| dc.subject | Generalized extreme value | en |
| dc.subject | Weibit, Route overlap | en |
| dc.subject | Heteroscedastic route utility | en |
| dc.title | Generalized multivariate extreme value models for explicit route choice sets | en |
| dc.type | Working Paper | en |
| usyd.faculty | The University of Sydney Business School, Institute of Transport and Logistics Studies (ITLS) | en |
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