Browsing ITLS Working Papers 2019 by subject "Experience, exogeneity, endogeneity, mode choice applications, choice elasticities, value of travel time, control function, experience model residuals, error components, multiple indicator solution, non-linear choice models, heteroscedastic conditioning"
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Experience as a conditioning effect on choice – Does it matter whether it is exogenous or endogenous?
Published 2019-07-01Hensher and Ho (2017) proposed a way to condition the utility of each alternative in a choice set on experience with the alternatives accumulated over previous periods. The paper found that the overall statistical performance ...Working Paper