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research article

Integrating psychometric indicators in latent class choice models

Hurtubia, Ricardo  
•
Nguyen, My Hang
•
Glerum, Aurélie  
Show more
2014
Transportation Research Part A: Policy and Practice

Latent class models are a convenient and intuitive way to introduce taste heterogeneity in discrete choice models by relating attributes of the decision makers with unobserved behavioral classes, hence allowing for a more accurate market segmentation. Estimation and specification of latent class models can be improved with the use of psychometric indicators that measure the effect of unobserved attributes in the individual preferences. This paper proposes a method to introduce these additional indicators in the specification of integrated latent class and discrete choice models, through the definition of measurement equations that relate the indicators to attributes of the decision maker. The method is implemented for two mode-choice case studies and compared with alternative methods to introduce indicators. Results show that the proposed method generates significantly different estimates for the class and choice models and provide additional insight into the behavior of each class. (C) 2014 Elsevier Ltd. All rights reserved.

  • Details
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Type
research article
DOI
10.1016/j.tra.2014.03.010
Web of Science ID

WOS:000336877200010

Author(s)
Hurtubia, Ricardo  
Nguyen, My Hang
Glerum, Aurélie  
Bierlaire, Michel  
Date Issued

2014

Publisher

Pergamon-Elsevier Science Ltd

Published in
Transportation Research Part A: Policy and Practice
Volume

64

Start page

135

End page

146

Subjects

Latent class

•

Discrete choice

•

Psychometrics

•

Behavior

•

Mode choice

Editorial or Peer reviewed

REVIEWED

Written at

EPFL

EPFL units
TRANSP-OR  
Available on Infoscience
June 10, 2014
Use this identifier to reference this record
https://infoscience.epfl.ch/handle/20.500.14299/104098
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