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Abstract

Integrating psychometric indicators in latent class choice models allows to enhance the characterization of the latent classes. In this research, we consider measurement equations that include socio-economic indicators of the decision-makers. We show that such a specification increases the significance of the parameters relative to the class-membership relation and leads to a better interpretability of the behavior of individuals in the latent classes. The method is applied to a transportation mode choice case study in Switzerland.

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