Publication Type
Journal Article
Version
publishedVersion
Publication Date
5-2015
Abstract
We propose a route choice model that relaxes the independence from irrelevant alternatives property of the logit model by allowing scale parameters to be link specific. Similar to the recursive logit (RL) model proposed by Fosgerau et al. (2013), the choice of path is modeled as a sequence of link choices and the model does not require any sampling of choice sets. Furthermore, the model can be consistently estimated and efficiently used for prediction.A key challenge lies in the computation of the value functions, i.e. the expected maximum utility from any position in the network to a destination. The value functions are the solution to a system of non-linear equations. We propose an iterative method with dynamic accuracy that allows to efficiently solve these systems.We report estimation results and a cross-validation study for a real network. The results show that the NRL model yields sensible parameter estimates and the fit is significantly better than the RL model. Moreover, the NRL model outperforms the RL model in terms of prediction.
Keywords
Route choice modeling, Nested recursive logit, Substitution patterns, Value iterations, Maximum likelihood estimation, Cross-validation
Discipline
Databases and Information Systems | OS and Networks
Research Areas
Intelligent Systems and Optimization
Publication
Transportation Research Part B: Methodological
Volume
75
First Page
100
Last Page
112
ISSN
0191-2615
Identifier
10.1016/j.trb.2015.03.015
Publisher
Elsevier
Citation
1
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1016/j.trb.2015.03.015