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A random effects multinomial probit model of car ownership choice Nobile, Agostino ; Bhat, Chandra R ; Pas, Eric I

By: Contributor(s): Publication details: Research Triangle Park, NC National Institute of Statistical Science, NISS, 1995; Technical report 41, Description: 18 sSubject(s): Online resources: Bibl.nr: VTI 2004.0591Location: Abstract: The numbers of cars in a household has an important effect on its travel behavior (e.g., choice of number of trips, mode to work, and non-work destinations), hence car ownership modeling is an essential component of any travel demand forecasting effort. In this paper we report on a random effects multinomial probit model of car ownership level, estimated using longitudinal data collected in the Netherlands. A Bayesian approach is taken and the model is estimated by means of a modification of the Gibbs sampling with data augmentation algorithm considered by McCulloch and Rossi (1994). The modification consists in performing, after each Gibbs sampling cycle, a Metropolis step along a direction of constant likelihood. An examination of the simulation output illustrates the improved performance of the resulting sampler.
Item type: Reports, conferences, monographs
Holdings: VTI 2004.0591

The numbers of cars in a household has an important effect on its travel behavior (e.g., choice of number of trips, mode to work, and non-work destinations), hence car ownership modeling is an essential component of any travel demand forecasting effort. In this paper we report on a random effects multinomial probit model of car ownership level, estimated using longitudinal data collected in the Netherlands. A Bayesian approach is taken and the model is estimated by means of a modification of the Gibbs sampling with data augmentation algorithm considered by McCulloch and Rossi (1994). The modification consists in performing, after each Gibbs sampling cycle, a Metropolis step along a direction of constant likelihood. An examination of the simulation output illustrates the improved performance of the resulting sampler.