TRB Pubsindex
Text Size:

Title:

Testing Mixed Logit and Probit Models by Simulation
Cover of Testing Mixed Logit and Probit Models by Simulation

Accession Number:

01015552

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States
Order URL: http://www.trb.org/Main/Public/Blurbs/157120.aspx

Find a library where document is available


Order URL: http://worldcat.org/isbn/0309093953

Abstract:

Discrete choice models with error structures that are not independent and identically distributed have received enormous attention in the recent literature. A detailed synthetic study tests this type of model in a controlled case. With mixed logit and probit models as the study objects, calibration was implemented with the use of software available on the Internet. The controlled situation was built as a simulation laboratory, which generated databases with known parameters. The effects of various elements were analyzed: number of repetitions of the simulation, number of observations in the database, and how the use of Halton sequences improves the mixed logit calibration. The scale effects on the different models are also discussed. The results obtained in this specific context lead to some recommendations for future users of these powerful modeling tools. In particular, flexible structures require large sample sizes to calibrate the elements of the covariance matrix.

Monograph Title:

Travel Demand 2005

Monograph Accession #:

01015546

Language:

English

Authors:

Munizaga, Marcela A
Alzarez-Daziano, Ricardo

Pagination:

pp 53-62

Publication Date:

2005

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Issue Number: 1921
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

0309093953

Media Type:

Print

Features:

Figures (4) ; References (16) ; Tables (4)

Subject Areas:

Highways; Planning and Forecasting; I72: Traffic and Transport Planning

Files:

TRIS, TRB, ATRI

Created Date:

Jan 18 2006 3:06PM

More Articles from this Serial Issue: