Monte Carlo Simulation of Adaptive Stated Preference Survey with a case study: Effects of Aggregate Mode Shares on Individual Mode Choice

Carlos Carrion, Nebiyou Tilahun and David Levinson

No 110, Working Papers from University of Minnesota: Nexus Research Group

Abstract: Monte Carlo experiments are used to study the unbiasedness of several common random utility models for a proposed adaptive stated preference survey. This survey is used to study the influence of the knowledge of existing mode shares on travelers mode choice. Furthermore, the survey is applied to a sample of subjects selected from the University of Minnesota. The results indicate that the presence of mode shares in the mode choice model does influence the decision of travelers. The estimates are found to be biased by the Monte Carlo experiments.

Keywords: mode choice; mode shares; mixed logit; stated preference. (search for similar items in EconPapers)
JEL-codes: C33 C35 R41 (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-dcm, nep-ecm and nep-ore
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http://hdl.handle.net/11299/179827 First version, 2012 (application/pdf)

Related works:
Working Paper: Monte Carlo Simulation of Adaptive Stated Preference Survey with a case study: Effects of Aggregate Mode Shares on Individual Mode Choice (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:nex:wpaper:mcasp

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