1990INFRASTRUCTURE PLANNING REVIEWOpen access

The Reliability of Mode Choice Model Based on Stated Preference Data

Akimasa Fujiwara, Yoriyasu Sugie

Open full text 1 citations

Abstract

The paper is to study the reliability of mode choice models based on stated preference data which were collected prior to the opening of a new rail station in Hiroshima. The external validity of the stated preference models was examined using the revealed preference data collected subsequent to the opening, so that thestated preference models were proved empirically to overestimate the share of the new alternative. Therefore, following three methods for the purpose of updating the stated preference models were employed; 1) adjusting the parameters of stated preference model by using the revealed preference data obtained together with the stated preference data, 2) combining the parameters of revealed preferenceand stated preference models (Bayesian updating), and 3) adjusting the stated preference data with the aid of transfer price data. Of all the approaches, the third updating method gave us the best results.

Open-access reader

About this research paper

What this paper is about

The paper is to study the reliability of mode choice models based on stated preference data which were collected prior to the opening of a new rail station in Hiroshima. The external validity of the stated preference models was examined using the revealed preference data collected subsequent to the opening, so that thestated preference models were proved empirically to overestimate the share of the new alternative. Therefore, following three methods for the purpose of updating the stated preference models were employed; 1) adjusting the parameters of stated preference model by using the revealed preference data obtained together with the stated preference data, 2) combining the parameters of revealed preferenceand stated preference models (Bayesian updating), and 3) adjusting the stated preference data with the aid of transfer price data. Of all the approaches, the third updating method gave us the best results.

Why it matters

OpenAlex reports 1 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

The paper is to study the reliability of mode choice models based on stated preference data which were collected prior to the opening of a new rail station in Hiroshima. The external validity of the stated preference models was examined using the revealed preference data collected subsequent to the opening, so that thestated preference models were proved empirically to overestimate the share of the new alternative. Therefore, following three methods for the purpose of updating the stated preference models were employed; 1) adjusting the parameters of stated preference model by using the revealed preference data obtained together with the stated preference data, 2) combining the parameters of revealed preferenceand stated preference models (Bayesian updating), and 3) adjusting the stated preference data with the aid of transfer price data. Of all the approaches, the third updating method gave us the best results.

Key concepts: Preference, Revealed preference, Reliability (semiconductor), Econometrics, Bayesian probability, Statistics, Computer science, Economics

Related papers

Back to paper searchBrowse research topicsOriginal source
The Reliability of Mode Choice Model Based on Stated Preference Data — Research Paper | ScholarLens