The Role of Stated Preference Methods in Studies of travel Choice

The Role of Stated Preference Methods in Studies of travel Choice

Revealed preference and stated preference data have traditionally been analysed by different methods. The authors show the value of SP. A combination of both methods would be a very useful framework for empirical studies.

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Econometric Issues in Stated Preference Analysis

The error structure of SP models is a somewhat neglected topic. Utility functions from SP data cannot usually be used directly in demand forecasting. Market segment techniques should be used to deal with this till new techniques have been developed. More research is needed.

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