Choice modelling has been one of the most active fields in economics over recent years.. This valuable new book contains leading contributions from academics and practitioners from across the different areas of study where choice modelling is a key analytical technique, drawn from a recent international conference. Choice models explain the behaviour of individuals by quantifying their values, responses and perceptions of attributes describing the various options (alternatives) available to them. Policy makers and planners have long since recognised the potential of using choice models for guidance purposes, with applications in fields as diverse as transport analysis, healthcare, telecommunications, public service evaluation and energy. The unique mix of theoretical and applied chapters will appeal to academics, students, researchers and practitioners in various fields, as well as anyone with a general interest in the subject.
Contents: 1. Modeling Single Individuals: The Journey from Psych Lab to the App Store Jordan Louviere 2. Forecasting Behaviour: With Applications to Transport Andrew Daly 3. Recent Advances on Modeling Multiple Discrete-continuous Choices Chandra Bhat, David Bunch and Abdul Pinjari 4. Working with Repeated Choice Data Stephane Hess, Christine Eckert and Andrew Daly 5. Mental Representations and Discrete Choice Behavior: State-of-the-Art and Avenues for Future Research Theo Arentze, Benedict Dellaert, Geert Wets, Harmen Oppewal and Caspar Chorus 6. Good Data is Key to the Development of Good Models so How is Innovation in Collection Keeping Apace? Rob Sheldon, Martin Dix, Terry Flynn and Paul Metcalfe 7. Applied Welfare Economics with Discrete Choice Models: A Review of Model Properties and Specification Richard Batley and Nicolas Ibanez 8. A Comprehensive Model to Capture the Preference for Mass Rapid Transit in Dhaka Annesha Enam and Charisma Farheen Choudhury 9. On the Perception of Safety in Low Income Neighbourhoods: Using Digital Images in a Stated Choice Experiment Paula Iglesias, Margarita Greene and Juan de Dios Ortuzar 10. How Urban Environment Affects Travel Behaviour? Integrated Choice and Latent Variable Model for Travel Schedules Lissy La Paix, Michel Bierlaire, Elisabetta Cherchi and Andres Monzon 11. Selecting a Date: A Matter of Regret and Compromises Caspar Chorus and John Rose 12. Trivariate Probit Models of Pre-purchase/Purchase Shopping Channel Choice: Clothing Purchases in Northern California Patricia Lyon Mokhtarian and Wei Laura Tang 13. Choice Models in Practice: Current Tendencies, Problems, and Welcome Research Directions Peter Vovsha