Embedding risk attitude and decision weights in non-linear logit to accommodate time variability in the value of expected travel time savings

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Embedding risk attitude and decision weights in non-linear logit to accommodate time variability in the value of expected travel time savings

In recent years we have seen important extensions of logit models in behavioural research such as incorporation of preference and scale heterogeneity, attribute processing heuristics, and estimation of willingness to pay (WTP) in WTP space. With rare exception, however, a non-linear treatment of the...

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Bibliographic Details
Main Authors:	Hensher, D., Greene, William, Li, Z.
Format:	Journal Article
Published:	2011
Online Access:	http://hdl.handle.net/20.500.11937/32415

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