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Journal of Choice Modelling最新文献

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Dispersion-induced status quo bias in pivot-designed choice experiment 枢轴设计选择实验中色散诱导的现状偏差
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2026-03-01 Epub Date: 2026-02-18 DOI: 10.1016/j.jocm.2026.100596
Fabio Cevenini , Sandra Notaro , Silvia Ferrini , Fabio Grati
Two drivers of the status quo bias are explored via a split sample survey with a pivot-designed Discrete Choice Experiment interviewing recreational fishers in Italy. The propensity to favor the status quo over the hypothetical alternatives given an individual reference point, which we call “dispersion” is examined and modelled accordingly. The framing of the status quo alternative, as a driver of bias, is explored as reference point or opt-out option. Our findings demonstrate that when the status quo is characterized as an individual-specific reference, the status quo bias increases with the magnitude of the dispersion, leading to potentially biased willingness-to-pay estimates. Conversely, when the status quo is characterized as an opt-out option, the effect of the dispersion diminishes, improving the robustness of the estimates. Our results underscore the importance of carefully designing choice scenarios to manage status quo bias. In order to improve the accuracy of welfare estimates, a novel random utility model that tests and accounts for the effects of dispersion is proposed. The performance of this model is numerically tested in a series of Monte Carlo experiments.
现状偏差的两个驱动因素是通过一个分离样本调查与枢纽设计离散选择实验采访休闲渔民在意大利探索。在给定个体参考点的情况下,倾向于支持现状而不是假设的替代方案,我们称之为“分散”,并相应地进行检查和建模。作为偏见的驱动因素,现状替代方案的框架作为参考点或选择退出选项进行了探索。我们的研究结果表明,当现状被描述为个体特定参考时,现状偏差会随着离散程度的增加而增加,从而导致潜在的偏见支付意愿估计。相反,当现状被描述为一种选择退出选项时,分散的影响就会减弱,从而提高估计的稳健性。我们的研究结果强调了精心设计选择场景以管理现状偏见的重要性。为了提高福利估计的准确性,提出了一种检验和解释离散效应的新型随机实用新型。通过一系列的蒙特卡罗实验对该模型的性能进行了数值验证。
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引用次数: 0
On the asymptotic variance of latent class logit models for discrete choice applications 离散选择应用中潜在类logit模型的渐近方差
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2026-03-01 Epub Date: 2026-01-09 DOI: 10.1016/j.jocm.2025.100586
Peio Alcorta, Petr Mariel
We derive the Hessian matrix and asymptotic variance of linear-in-parameters latent class logit models. These analytical solutions enable precise estimation of standard errors, significantly improve post-estimation computational efficiency, and may offer deeper theoretical insights into model behaviour and stability.
我们导出了参数线性潜类逻辑模型的Hessian矩阵和渐近方差。这些解析解能够精确估计标准误差,显著提高估计后的计算效率,并可能为模型行为和稳定性提供更深入的理论见解。
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引用次数: 0
Which rubber duck makes the best decoy? Considering the decoy effect on the basis of different behavioral theories 哪只橡皮鸭是最好的诱饵?基于不同的行为理论考虑诱饵效应
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2026-03-01 Epub Date: 2026-01-13 DOI: 10.1016/j.jocm.2025.100585
Francisco Bahamonde-Birke , C. Angelo Guevara
Empirical evidence has established the existence of a phenomenon known as the decoy effect, which suggests that including irrelevant alternatives into a choice-set may affect the way in which the original alternatives are evaluated. In this paper we explore different ways to characterize the decoy effect and offer an in-depth discussion on the theoretical and empirical implications of the different modeling approaches. We also consider a stated preference experiment for which we model the phenomenon according to the assumptions of regret theory, emergent value, and prospect theory. Based on theoretical and empirical considerations, our results suggest that models based on prospect theory seem to outperform alternative behavioral paradigms to model the decoy effect.
经验证据已经证实了一种被称为诱饵效应的现象的存在,这种现象表明,将不相关的选择纳入选择集可能会影响对原始选择的评估方式。在本文中,我们探索了不同的方法来表征诱饵效应,并对不同建模方法的理论和实证意义进行了深入的讨论。我们还考虑了一个陈述偏好实验,我们根据后悔理论、涌现价值和前景理论的假设对现象进行了建模。基于理论和实证考虑,我们的研究结果表明,基于前景理论的模型在模拟诱饵效应方面似乎优于其他行为范式。
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引用次数: 0
An instrument-free approach for estimating multinomial logit models with endogenous variables 估计具有内生变量的多项logit模型的无仪器方法
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2026-03-01 Epub Date: 2026-01-22 DOI: 10.1016/j.jocm.2026.100595
Louis de Grange , Matthieu Marechal , Rodrigo Troncoso , Raúl Pezoa , Felipe González
An approach is developed for estimating multinomial logit models with endogenous explanatory variables that dispenses with the need for instrumental variables, a significant advantage given that good quality exogenous instruments are often not available. The proposed instrument-free method extends and adapts that of Breitung et al. (2024), which was developed specifically for multiple linear regression models. Simulations were conducted to make comparisons with control functions, which do require instruments, and the classic maximum likelihood technique, which does not correct for endogeneity, under different levels of correlation between the endogenous variable and the error term. The results showed that the proposed approach performed very satisfactorily. To supplement the simulations, the instrument-free method was applied to a case with real-world data, once again obtaining good results compared to control functions. The proposed method is easily implemented and can be used with models containing multiple exogenous and endogenous variables, as well as with the multinomial probit model. It should prove very useful for researchers and other professionals estimating models for public policy evaluation, transport planning and consumer behaviour analyses.
我们开发了一种方法来估计具有内生解释变量的多项logit模型,该方法不需要工具变量,这是一个显著的优势,因为通常没有高质量的外生工具。提出的无仪器方法扩展并适应了Breitung et al.(2024)的方法,该方法是专门为多元线性回归模型开发的。在不同程度的内生变量和误差项之间的相关性下,进行了模拟,以比较需要仪器的控制函数和经典的最大似然技术,后者不校正内生性。结果表明,该方法的性能令人满意。为了补充仿真,将无仪器方法应用于具有实际数据的案例,与控制函数相比,再次获得了良好的结果。该方法易于实现,可用于包含多个外生变量和内生变量的模型,也可用于多项概率模型。它对研究人员和其他专业人员估计公共政策评估、运输规划和消费者行为分析的模型应该非常有用。
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引用次数: 0
Capturing zero-price effects in stated choice surveys: implications for willingness-to-pay and welfare 在明确的选择调查中捕捉零价格效应:对支付意愿和福利的影响
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2026-03-01 Epub Date: 2025-12-11 DOI: 10.1016/j.jocm.2025.100582
Jeff Tjiong , Thijs Dekker , Stephane Hess , Marek Giergiczny , Manuel Ojeda-Cabral , Mikołaj Czajkowski
Stated choice surveys commonly used in public policy appraisal – such as in transport or environmental economics – often contrast a ‘free’ status quo alternative against a range of (policy) interventions which can be implemented at a cost. Limited attention has, however, been paid to the fact that the ‘free’ nature of the status quo (SQ) alternative may make the SQ alternative overly attractive due to the zero-price (ZP) effect. The ZP effect is a well-established notion in behavioural economics explaining the phenomenon that individuals tend to over-react to free alternatives. We present an experimental design setup allowing the separation of the ZP effect from the SQ effect together with the identification of non-linear sensitivities to costs. Choices made by students between different mobile broadband packages are used for illustrational purposes. Our analysis shows that the ZP effect is significant and the observed preference to remain in the SQ is largely due to the ZP effect. In practice, this may lead to biased welfare estimates for public policy packages if the ZP effect is not explicitly accounted for. Moreover, we also show that misspecification of the functional form for cost can lead to significant bias in WTP estimates and the ZP and SQ effects.
通常用于公共政策评估的陈述性选择调查——例如在交通或环境经济学中——经常将“自由”的现状替代方案与一系列可以付出代价实施的(政策)干预措施进行对比。然而,很少有人注意到,由于零价格(ZP)效应,现状(SQ)替代方案的“免费”性质可能使现状(SQ)替代方案过于吸引人。ZP效应是行为经济学中一个公认的概念,它解释了个人倾向于对免费选择做出过度反应的现象。我们提出了一种实验设计设置,允许将ZP效应与SQ效应分离,并识别对成本的非线性敏感性。学生在不同的移动宽带套餐之间的选择是为了说明目的。我们的分析表明,ZP效应是显著的,观察到的留在SQ中的偏好很大程度上是由于ZP效应。在实践中,如果没有明确考虑到ZP效应,这可能会导致对公共政策方案的福利估计有偏差。此外,我们还表明,成本函数形式的错误说明可能导致WTP估计以及ZP和SQ效应的显著偏差。
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引用次数: 0
Semi-dynamics of electric vehicle adoption based on strategic consumer choices: Preference statement-guided forward-looking behavior based on individual expectations 基于战略性消费者选择的电动汽车采用半动态:基于个人期望的偏好陈述引导的前瞻性行为
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2026-03-01 Epub Date: 2025-12-23 DOI: 10.1016/j.jocm.2025.100584
Wooje Seong , Hyunhong Choi , Yoonmo Koo
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引用次数: 0
A smooth bounded choice model: Formulation and application in three large-scale case studies 光滑有界选择模型:在三个大规模案例研究中的表述和应用
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2025-12-01 Epub Date: 2025-09-09 DOI: 10.1016/j.jocm.2025.100574
Laurent Cazor , Lawrence Christopher Duncan , David Paul Watling , Otto Anker Nielsen , Thomas Kjær Rasmussen
One-stage (implicit) choice set formation models offer a computationally efficient way to model how individuals consider alternatives. Among these, the Bounded Choice Model (BCM) stands out for its consistent, utility-based cutoffs. However, the BCM is non-differentiable, which limits its usefulness: key outputs such as elasticities and standard errors cannot be computed analytically. To overcome this, we introduce the Smooth Bounded Choice Model (SBCM). This model assumes a new smooth truncated logistic distribution for the error terms and applies a smooth approximation to the maximum function used in defining the reference utility. As a result, the SBCM is infinitely differentiable, while preserving core features of the BCM, such as bounding, continuity, and the ability to collapse to the Multinomial Logit (MNL) model under specific conditions. Importantly, the SBCM is not just a smoother version of the BCM. Its more flexible distributional assumptions can better capture actual choice behaviour and allow for meaningful differences in predicted probabilities. We derive closed-form expressions for choice probabilities, gradients, Hessians, elasticities, and standard errors, and present a practical estimation method. The SBCM is tested in three case studies: one mode choice and two route choice settings (bicycle and public transport). In all cases, it outperforms both the BCM and MNL in terms of model fit and interpretability. While the BCM has so far been limited to car route choice, we show that the SBCM is widely applicable across various discrete choice contexts.
单阶段(隐式)选择集形成模型提供了一种计算效率高的方法来模拟个体如何考虑备选方案。其中,有界选择模型(BCM)因其一致的、基于效用的截止点而脱颖而出。然而,BCM是不可微的,这限制了它的实用性:关键输出,如弹性和标准误差不能解析计算。为了克服这个问题,我们引入了平滑有界选择模型(SBCM)。该模型假设误差项为新的平滑截断逻辑分布,并对定义参考效用时使用的最大函数应用平滑近似值。因此,SBCM是无限可微的,同时保留了BCM的核心特征,如边界、连续性和在特定条件下坍缩为多项式Logit (MNL)模型的能力。重要的是,SBCM不仅仅是BCM的平滑版本。它更灵活的分布假设可以更好地捕捉实际的选择行为,并允许在预测概率上有意义的差异。我们推导了选择概率、梯度、黑森、弹性和标准误差的封闭表达式,并提出了一种实用的估计方法。SBCM在三个案例研究中进行了测试:一种模式选择和两种路线选择设置(自行车和公共交通)。在所有情况下,它在模型拟合和可解释性方面都优于BCM和MNL。虽然BCM到目前为止仅限于汽车路线选择,但我们表明SBCM广泛适用于各种离散选择环境。
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引用次数: 0
Using Lagrange multiplier type tests to detect structural intra-person heterogeneity in composite marginal likelihood estimation in panel data sets 使用拉格朗日乘数型检验检测面板数据集复合边际似然估计中的结构性内部异质性
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2025-12-01 Epub Date: 2025-09-25 DOI: 10.1016/j.jocm.2025.100573
Sebastian Büscher, Dietmar Bauer
Gradient-based Lagrange multiplier-type tests represent a valuable tool for discriminating between nested models, obviating the necessity to estimate the unrestricted model. This is particularly advantageous when testing for pooling in panel data sets, as it permits the testing of multiple groupings without the necessity of re-estimating the model for each grouping. This makes the process considerably faster and more flexible in comparison to Wald or likelihood ratio type tests.
In this paper, we demonstrate that the use of pairwise composite marginal likelihood (CML) estimation enables the comparison of gradients between different CML contributions of pairs of observations for individuals. This allows for the testing of pooling over time, as well as the identification of neglected temporal correlation. The CML approach thus offers a degree of flexibility that is not present in the classical likelihood setting.
Theoretical derivations of the asymptotic distribution of the test statistics under the null hypothesis are provided for the special case of multinomial probit models, thereby forming the basis for the statistical interpretation of the test statistic.
Moreover, a comprehensive simulation study was conducted to assess the finite-sample performance of the test statistics. In particular, the distribution of the test statistic under the null hypothesis and the rejection rates of the tests under various types and degrees of violations of the null hypothesis were evaluated using synthetic panel data sets of varying sizes. This empirical evaluation provides insights into the effectiveness and reliability of the proposed tests in detecting intra-personal heterogeneity and into causes of misspecifications in the deterministic utility structure.
基于梯度的拉格朗日乘数型检验是区分嵌套模型的一种有价值的工具,避免了对不受限制模型进行估计的必要性。当在面板数据集中测试池时,这是特别有利的,因为它允许测试多个分组,而不需要为每个分组重新估计模型。与Wald或似然比类型测试相比,这使得该过程更加快速和灵活。在本文中,我们证明了使用成对复合边际似然(CML)估计可以比较个体对观测值的不同CML贡献之间的梯度。这允许测试池随着时间的推移,以及识别被忽视的时间相关性。因此,CML方法提供了经典似然设置中不存在的一定程度的灵活性。对于多项式概率模型的特殊情况,给出了零假设下检验统计量渐近分布的理论推导,从而为检验统计量的统计解释奠定了基础。此外,还进行了全面的仿真研究,以评估测试统计量的有限样本性能。特别是,使用不同大小的合成面板数据集评估了零假设下检验统计量的分布以及不同类型和违反零假设程度下检验的拒绝率。这一实证评估提供了洞察的有效性和可靠性,在检测个人内部异质性和确定性效用结构的错误说明的原因所提出的测试。
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引用次数: 0
Recursive logit models for dynamic versus sequential trip chaining 动态与顺序行程链的递归逻辑模型
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2025-12-01 Epub Date: 2025-10-04 DOI: 10.1016/j.jocm.2025.100576
Stephen McCarthy, Fatemeh Naqavi, Anders Karlström
This paper applies recursive logit (RL) to model activity-trip chaining behaviour. We present a comparison between two approaches to applying the RL model in this context. In the first ‘sequential’ approach, agents form a trip chain by making a sequence of joint choices of activity location (i.e. trip destination) and travel mode, ending the chain by choosing to return home. The second ‘dynamic’ approach adds a time variable. Its agents form a full-day activity/travel schedule by making a sequence of choices either to continue the current activity for a fixed timestep or make a joint choice of new activity location and travel mode. We estimate parameters for both models using data from a Stockholm travel survey and validate model simulations against observed data. The models reproduce patterns of observed behaviour beyond their estimated parameters, including different types of trip chains and the spatial distribution of activities. While the dynamic model is advantageous in its ability to predict agent schedules, reflect time-varying travel conditions and endogenously represent space–time constraints, it does not surpass the simpler sequential model on mutual areas of trip chaining behaviour. We conclude that the RL model is well-suited to model trip chaining behaviour, and that the simpler sequential approach may be appropriate for many modelling purposes.
本文应用递归逻辑(RL)对活动-行程链行为进行建模。我们提出了在这种情况下应用RL模型的两种方法之间的比较。在第一个“顺序”方法中,agent通过一系列共同选择活动地点(即旅行目的地)和旅行方式形成一个旅行链,并以选择回家结束该链。第二种“动态”方法增加了一个时间变量。它的代理通过做出一系列选择,或者在固定的时间步继续当前的活动,或者联合选择新的活动地点和旅行方式,形成全天的活动/旅行计划。我们使用来自斯德哥尔摩旅行调查的数据估计两个模型的参数,并根据观测数据验证模型模拟。这些模型再现了超出其估计参数的观测行为模式,包括不同类型的行程链和活动的空间分布。虽然动态模型在预测agent调度、反映时变旅行条件和内生表示时空约束方面具有优势,但在行程链行为的相互区域上,它并没有超越简单的序列模型。我们得出结论,RL模型非常适合模拟行程链行为,并且更简单的顺序方法可能适用于许多建模目的。
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引用次数: 0
Can an ‘informed’ general population sample be comparable to a patient sample? A case study of preferences for chemotherapy induced peripheral neuropathy “知情”的一般人群样本是否可以与患者样本相比较?化疗诱导周围神经病变的个例研究
IF 2.4 3区 经济学 Q1 ECONOMICS Pub Date : 2025-12-01 Epub Date: 2025-09-20 DOI: 10.1016/j.jocm.2025.100577
Alice Yu, Rosalie Viney, Stephen Goodall, Deborah J. Street

Background

In health care preference studies, a general population sample may be the only viable option. However, they lack the understanding of treatment/care of patient samples. This study investigated the impact of providing extra information on general population comprehension of discrete choice experiment (DCE) choice sets. Preferences were compared between an informed and ‘naïve’ general population sample and a patient sample. This was investigated in the context of eliciting preferences for features of a chemotherapy induced peripheral neuropathy (CIPN) assessment tool.

Methods

A general population sample was randomised to two arms. Arm 1 (N = 167) received written information and some pictures about CIPN and Arm 2 (N = 168) received extra information in the form of a short video and moving images. These responses were compared to a patient sample (N = 117) that received the same information as Arm 1. All respondents completed 8 choice sets each.

Results

Arms 1 and 2 of the general population sample had no preference differences, although respondents in Arm 2 had an easier time identifying differences between assessment options than those in Arm 1. The patient and general population sample had overlapping preferences for some attribute parameters, while differences were more in terms of strength of preference rather than differences in preferences.

Conclusions

Extra information can improve general population understanding of DCE choice sets. However, it was not found to bring general population preferences closer to the patient sample. This has implications when considering willingness to pay by patients versus general population.
在医疗保健偏好研究中,一般人群样本可能是唯一可行的选择。然而,他们缺乏对患者样本治疗/护理的理解。本研究探讨了提供额外信息对离散选择实验(DCE)选择集的一般群体理解的影响。在知情和“naïve”的一般人群样本和患者样本之间比较偏好。这是在引发对化疗诱导周围神经病变(CIPN)评估工具特征的偏好的背景下进行的研究。方法一般人群随机分为两组。第1组(N = 167)接受书面信息和一些CIPN的图片,第2组(N = 168)接受短视频和运动图像的额外信息。这些反应与接受与第1组相同信息的患者样本(N = 117)进行比较。所有被调查者每人完成8组选择题。结果一般人群样本的第1组和第2组没有偏好差异,尽管第2组的受访者比第1组的受访者更容易识别评估选项之间的差异。患者和一般人群样本对某些属性参数的偏好有重叠,而差异更多的是偏好的强度,而不是偏好的差异。结论额外的信息可以提高一般人群对DCE选择集的理解。然而,并没有发现它使一般人群的偏好更接近患者样本。在考虑患者与一般人群的支付意愿时,这有一定的含义。
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引用次数: 0
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Journal of Choice Modelling
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