Sample selection and taste correlation in discrete choice transport modelling Mabit, Stefan L
Publication details: Lyngby Technical University of Denmark. DTU Transport. Report 4:2008, 2008Description: 99 sISBN:- 9788773271803
Diss. Lyngby : Technical University of Denmark. DTU Transport. Report 4:2008, 2008
The subject of this thesis is discrete choice analysis in transport modelling. Many situations within transportation research may be modelled as a choice from a discrete set of alternatives. The framework of random utility maximisation is well-established to model such choices but there are still many issues that deserve attention. This thesis investigates how sample selection can affect estimation of discrete choice models and how taste correlation should be incorporated into applied mixed logit estimation. Sampling in transport modelling is often based on an observed trip. This may cause a sample to be choice-based or governed by a self-selection mechanism. In both cases, there is a possibility that sampling affects the estimation of a population model. It was established in the seventies how choice-based sampling affects the estimation of multinomial logit models. The thesis examines the question for a broader class of models. It is shown that the original result may be somewhat generalised. Another question investigated is whether mode choice operates as a self-selection mechanism in the estimation of the value of travel time. The results show that self-selection can at least partly explain counterintuitive results in value of travel time estimation. However, the results also point at the difficulty of finding suitable instruments for the selection mechanism.