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alternative specific attribute for private transport.
ASC PT Alternative specific constant for using public transport.
Alternative specific constants and alternative specific travel time parameters were estimated, with generic parameters estimated for journey cost and maximum travel speed [9, 10].
β genW The difference of alternative specific constant for walking if the respondent was female.
There are no alternative specific coefficients, other than the dummies capturing the vehicle's make.
ASC CP Alternative specific constant for using a car as a passenger.
Similar(19)
We include alternative-specific constants.
The interpretation of the random parameters on alternative-specific variables is more direct.
In other words, labour supply is a function of individual-specific characteristics and alternative-specific characteristics.
ASC j is an alternative-specific-constant to capture peculiar effects of each alternative product that are not reflected in the attributes.
Finally, alternative-specific variables are typically used to estimate a nested logit model; however, all variables at our disposal are respondent-specific.
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