Hess, S, Fowler, M, Adler, T et al. (1 more author) (2012) A joint model for vehicle type and fuel type choice: evidence from a cross-nested logit study. Transportmetrica, 39 (3). 593 - 625. ISSN 1812-8602
Abstract
In the face of growing concerns about greenhouse gas emissions, there is increasing interest in forecasting the likely demand for alternative fuel vehicles. This paper presents an analysis carried out on stated preference survey data on California consumer responses to a joint vehicle type choice and fuel type choice experiment. Our study recognises the fact that this choice process potentially involves high correlations that an analyst may not be able to adequately represent in the modelled utility components. We further hypothesise that a cross-nested logit structure can capture more of the correlation patterns than the standard nested logit model structure in such a multi-dimensional choice process. Our empirical analysis and a brief forecasting exercise produce evidence to support these assertions. The implications of these findings extend beyond the context of the demand for alternative fuel vehicles to the analysis of multi-dimensional choice processes in general. Finally, an extension verifies that further gains can be made by using mixed GEV structures, allowing for random heterogeneity in addition to the flexible correlation structures.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | This is an Author's Original Manuscript of an article whose final and definitive form, has been published in Transportmetrica, May 2012, ©Taylor & Francis, available online at: http://www.tandfonline.com/10.1007/s11116-011-9366-5 Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Cross-nested logit; Vehicle type choice; Fuel type choice; Alternative fuel; Stated preference |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 16 Dec 2013 11:43 |
Last Modified: | 15 Sep 2014 02:35 |
Published Version: | http://dx.doi.org/10.1007/s11116-011-9366-5 |
Status: | Published |
Publisher: | Taylor and Francis |
Identification Number: | 10.1007/s11116-011-9366-5 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:77183 |