A perturbed utility route choice model
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A perturbed utility route choice model. / Fosgerau, Mogens; Paulsen, Mads; Rasmussen, Thomas Kjær.
2021.Research output: Working paper › Research
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TY - UNPB
T1 - A perturbed utility route choice model
AU - Fosgerau, Mogens
AU - Paulsen, Mads
AU - Rasmussen, Thomas Kjær
PY - 2021
Y1 - 2021
N2 - We propose a model in which a utility maximizing traveler assigns flow across an entire network under a flow conservation constraint. Substitution between routes depends on how much they overlap. This model can be estimated from route choice data, where the full set of route alternatives is included and no choice set generation is required. Nevertheless, estimation requires only linear regression and is very fast. Predictions from the model can be computed using convex optimization and is straightforward even for large networks.
AB - We propose a model in which a utility maximizing traveler assigns flow across an entire network under a flow conservation constraint. Substitution between routes depends on how much they overlap. This model can be estimated from route choice data, where the full set of route alternatives is included and no choice set generation is required. Nevertheless, estimation requires only linear regression and is very fast. Predictions from the model can be computed using convex optimization and is straightforward even for large networks.
KW - econ.EM
KW - 90-08, 91-08, 91C99
KW - Faculty of Social Sciences
KW - Route choice
KW - perturbed utility
KW - discrete choice
KW - networks
M3 - Working paper
BT - A perturbed utility route choice model
ER -
ID: 273757544