Arbeitspapier

A multiplicative concept for random utility

The paper introduces a new type of random utility model. Here the random term is formulated as a multiplicative factor to express the random effects of the utility together with deterministic utility aspects. Some arguments are given why this multiplicative approach is preferable over the additive solution which is more common in transportation planning. It is shown using the Weibull distribution, that this concept can be transformed into rather simple equations for the probability of the selection of different modes by individual travellers. More mathematical derivations show that the new concept has close relations to the Logit model. It can, however, provide one more degree of freedom and thus, better flexibility to adjust the model to reality. Also with other assumptions for the random utility term, like the lognormal distribution, this basic concept can be developed. For the model, a method of parameter calibration based on individual traveller’s decisions by maximum likelihood has been developed. The whole concept is demonstrated with real world data to demonstrate its usability.

Language
Englisch

Bibliographic citation
Series: Technical Report ; No. 2002,32

Event
Geistige Schöpfung
(who)
Brilon, Werner
Dette, Holger
Event
Veröffentlichung
(who)
Universität Dortmund, Sonderforschungsbereich 475 - Komplexitätsreduktion in Multivariaten Datenstrukturen
(where)
Dortmund
(when)
2002

Handle
Last update
10.03.2025, 11:43 AM CET

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Object type

  • Arbeitspapier

Associated

  • Brilon, Werner
  • Dette, Holger
  • Universität Dortmund, Sonderforschungsbereich 475 - Komplexitätsreduktion in Multivariaten Datenstrukturen

Time of origin

  • 2002

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