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Title:

A New Mixed MNP Model Accommodating a Variety of Dependent Non-normal Coefficient Distributions

Accession Number:

01629882

Record Type:

Component

Abstract:

In this paper, the authors propose a general copula approach to accommodate non-normal continuous mixing distributions in multinomial probit (MNP) models. In particular, they specify a multivariate mixing distribution that allows different marginal continuous parametric distributions for different coefficients. The effectiveness of their formulation is demonstrated through a simulation exercise and an empirical mode choice application in which the authors test different distributions for the travel cost and travel time coefficients.

Supplemental Notes:

This paper was sponsored by TRB committee ABJ80 Standing Committee on Statistical Methods. Alternate title: New Mixed MNP Model Accommodating a Variety of Dependent Nonnormal Coefficient Distributions.

Monograph Accession #:

01618707

Report/Paper Numbers:

17-02173

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Bhat, Chandra R

ORCID 0000-0002-0715-8121

Lavieri, Patrícia S

Pagination:

20p

Publication Date:

2017

Conference:

Transportation Research Board 96th Annual Meeting

Location: Washington DC, United States
Date: 2017-1-8 to 2017-1-12
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

References; Tables

Subject Areas:

Planning and Forecasting; Transportation (General)

Source Data:

Transportation Research Board Annual Meeting 2017 Paper #17-02173

Files:

TRIS, TRB, ATRI

Created Date:

Dec 8 2016 10:48AM