Accommodating multiple constraints in the multiple discrete–continuous extreme value (MDCEV) choice model
نویسندگان
چکیده
منابع مشابه
Accomodating Multiple Constraints in the Multiple Discrete-continuous Extreme Value (mdcev) Choice Model
Multiple-discrete continuous choice models formulated and applied in recent years consider a single linear resource constraint, which, when combined with consumer preferences, determines the optimal consumption point. However, in reality, consumers face multiple resource constraints such as those associated with time, money, and capacity. Ignoring such multiple constraints and instead using a s...
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Many consumer choice situations are characterized by the simultaneous demand for multiple alternatives that are imperfect substitutes for one another. A simple and parsimonious Multiple Discrete-Continuous Extreme Value (MDCEV) econometric approach to handle such multiple discreteness was formulated by Bhat (2005a) within the broader Kuhn-Tucker (KT) multiple discrete-continuous economic consum...
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ژورنال
عنوان ژورنال: Transportation Research Part B: Methodological
سال: 2012
ISSN: 0191-2615
DOI: 10.1016/j.trb.2012.02.005