A joint model of travel information acquisition and response to received messages

A joint model of travel information acquisition and response to received messages

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Article ID: iaor2013697
Volume: 26
Issue: 1
Start Page Number: 61
End Page Number: 77
Publication Date: Jan 2013
Journal: Transportation Research Part C
Authors: , ,
Keywords: information, simulation, decision
Abstract:

This paper presents a discrete‐choice model of traveler response to information. It contributes to existing approaches by describing both the acquisition and the effect on travel choices of a variety of travel information types using a single integrative and parsimonious discrete‐choice model. By doing so, the model captures the notion that both types of decisions (to acquire information and to execute a travel alternative) are the result of a single underlying system of preferences and beliefs. The model was estimated on choice sequences observed in a multimodal travel simulator experiment with information provision. Estimation results show a good model fit, and parameter estimates have intuitive interpretations.

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