Attribute exclusion strategies in airline choice: accounting for exogenous information on decision maker processing strategies in models of discrete choice

Rose, John M., Hensher, David A., Greene, William H. and Washington, Simon P. (2012) Attribute exclusion strategies in airline choice: accounting for exogenous information on decision maker processing strategies in models of discrete choice. Transportmetrica, 8 5: 344-360. doi:10.1080/18128602.2010.506897


Author Rose, John M.
Hensher, David A.
Greene, William H.
Washington, Simon P.
Title Attribute exclusion strategies in airline choice: accounting for exogenous information on decision maker processing strategies in models of discrete choice
Journal name Transportmetrica   Check publisher's open access policy
ISSN 1812-8602
2324-9943
Publication date 2012-01-01
Year available 2011
Sub-type Article (original research)
DOI 10.1080/18128602.2010.506897
Open Access Status Not yet assessed
Volume 8
Issue 5
Start page 344
End page 360
Total pages 17
Place of publication Abingdon, Oxfordshire, United Kingdom
Publisher Taylor & Francis
Language eng
Abstract We examine the impact of individual-specific information processing strategies (IPSs) on the inclusion/exclusion of attributes on the parameter estimates and behavioural outputs of models of discrete choice. Current practice assumes that individuals employ a homogenous IPS with regards to how they process attributes of stated choice (SC) experiments. We show how information collected exogenous of the SC experiment on whether respondents either ignored or considered each attribute may be used in the estimation process, and how such information provides outputs that are IPS segment specific. We contend that accounting the inclusion/exclusion of attributes will result in behaviourally richer population parameter estimates.
Keyword Behavioural outputs
Information processing strategy
Stated choice experiment
Willingness to pay
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Non-UQ

Document type: Journal Article
Sub-type: Article (original research)
Collection: School of Civil Engineering Publications
 
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