Integrated Choice and Latent Variable Models for evaluating Flexible Transport Mode choice

Polotis, I., Papaioannou, P., Basbas, S., 2012, in Research in Transportation Business & Management

doi:10.1016/j.rtbm.2012.06.007

Location	Thessaloniki, Greece
Population	Other (specify)
Sample size	450
Factor analysis type	principal components, varimax rotation
Stepwise regression	no
Removal of insignificant variables	no
Reviewed by	LCM

Abstract

Flexible Transport Modes and Services are primarily demand oriented initiatives that presuppose the self motivation of each individual in order to be preferred in a constant way. Given that fact, the examination of the potential success of such interventions should take into account not only quantitative data but also qualitative /behavioural parameters that participate in the mode choice procedure. This examination should follow specific guidelines in order to have common accepted evaluation procedures. In this paper, an Integrated Framework for the ex ante evaluation of a Flexible Transport Mode Schemes, is presented. The proposed framework is implemented in a real life problem: the introduction of Flexible Transport Mode scheme for commuting trips. Following the theories and concepts of the Framework, ICLV (Integrated Choice and Latent Variables) models were developed, in order to estimate the importance of a set of variables into mode choice process, for four alternative to the car modes The models that were developed though the usage of Structural Equation Modeling techniques are hybrid binary choice models and the discrepancy function that was used was the Bayesian estimation. The analysis showed that latent variables can significantly contribute in the process of interpreting the mode choice decision.

Factors

Models