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Title: Nonlinearity and Specification of Attitudes Toward Risk in Discrete Choice Models
Accession Number: 01047489
Record Type: Component
Record URL: Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: Recent work in travel demand modeling has sought to address decision making under risk and uncertainty by bringing together elements of expected utility theory (EUT) and random utility theory (RUT). The aims are to identify and discuss the key theoretical issues associated with the merging of EUT and RUT in a transport context and then to explore the many empirical issues associated with the specification of attitudes to risk. Specifically, the performance of the alternative specification of attitudes to risk is investigated with the use of data from a large stated-preference exercise in which respondents were faced with a series of choices between alternative unreliable train services.
Monograph Title: Monograph Accession #: 01084474
Language: English
Authors: Liu, XiangPolak, John WPagination: pp 27-31
Publication Date: 2007
ISBN: 9780309104401
Media Type: Print
Features: Figures
(1)
; References
(24)
; Tables
(1)
TRT Terms: Uncontrolled Terms: Subject Areas: Highways; Planning and Forecasting; I72: Traffic and Transport Planning
Files: TRIS, TRB, ATRI
Created Date: Feb 8 2007 6:48PM
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