Publication

Enhanced measurement equations for latent class choice models

Abstract

Integrating psychometric indicators in latent class choice models allows to enhance the characterization of the latent classes. In this research, we consider measurement equations that include socio-economic indicators of the decision-makers. We show that such a specification increases the significance of the parameters relative to the class-membership relation and leads to a better interpretability of the behavior of individuals in the latent classes. The method is applied to a transportation mode choice case study in Switzerland.

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Related concepts (26)
Transportation forecasting
Transportation forecasting is the attempt of estimating the number of vehicles or people that will use a specific transportation facility in the future. For instance, a forecast may estimate the number of vehicles on a planned road or bridge, the ridership on a railway line, the number of passengers visiting an airport, or the number of ships calling on a seaport. Traffic forecasting begins with the collection of data on current traffic. This traffic data is combined with other known data, such as population, employment, trip rates, travel costs, etc.
Mode choice
Mode choice analysis is the third step in the conventional four-step transportation forecasting model of transportation planning, following trip distribution and preceding route assignment. From origin-destination table inputs provided by trip distribution, mode choice analysis allows the modeler to determine probabilities that travelers will use a certain mode of transport. These probabilities are called the modal share, and can be used to produce an estimate of the amount of trips taken using each feasible mode.
Route assignment
Route assignment, route choice, or traffic assignment concerns the selection of routes (alternatively called paths) between origins and destinations in transportation networks. It is the fourth step in the conventional transportation forecasting model, following trip generation, trip distribution, and mode choice. The zonal interchange analysis of trip distribution provides origin-destination trip tables. Mode choice analysis tells which travelers will use which mode.
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Selected Topics on Discrete Choice
Discrete choice models are used extensively in many disciplines where it is important to predict human behavior at a disaggregate level. This course is a follow up of the online course “Introduction t
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