A Semi-Compensatory Choice Model with Probabilistic Choice Set: Combining Implicit Choice Set within Probabilistic Choice set Formation

The standard random utility model assumes fully rational and compensatory choice behaviour. However, various research studies have proven that non-compensatory /semi-compensatory choice behaviour is more realistic. This paper proposes a semi-compensatory framework for the discrete choice model that combines probabilistic choice set formation along with implicit choice constraints in choice making. It combines the Independent Availability Logit (IAL) with Implicit Constrained Multinomial Logit model (CMNL) to improve the performance of both approaches. The model is applied to investigate mode choice behaviour of the Ottawa-Gatineau regions of Canada’s capital by using the household travel survey data. The explanatory power and elasticity measures of the proposed model are compared with IAL and MNL models. It is found that IAL-CMNL model outperforms both IAL and MNL models and can reproduce choice set formation process more effectively. The empirical investigation shows that IAL-CMNL model results in relatively higher tolerance and softer constraints for cut-off violations compared to the IAL model. Elasticity calculations and outcomes of this research highlight the importance of capturing choice set formation and constrained choice behaviour in the choice modelling.

  • Supplemental Notes:
    • This paper was sponsored by TRB committee ADB40 Standing Committee on Transportation Demand Forecasting.
  • Corporate Authors:

    Transportation Research Board

    ,    
  • Authors:
    • Rashedi, Zohreh
    • Habib, Khandker Nurul
  • Conference:
  • Date: 2019

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Figures; References; Tables;
  • Pagination: 21p

Subject/Index Terms

Filing Info

  • Accession Number: 01697416
  • Record Type: Publication
  • Report/Paper Numbers: 19-01465
  • Files: TRIS, TRB, ATRI
  • Created Date: Dec 7 2018 9:27AM