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Conditional value of travel time in Latent choice model

Ask questions about post-estimation functions (e.g. prediction, conditionals, etc) or other processing of results.
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isiddhartha
Posts: 2
Joined: 19 Jan 2021, 22:51

Conditional value of travel time in Latent choice model

Post by isiddhartha »

Hello everyone,

1. Explaination for equation - This is with reference to equation 9.4 in page 115 in Apollo Manual.
Can someone please provide the reference of paper/book for details or explain the equation, to be more specific - how is likelihood different from probability for cross-sectional data. I have been trying to read the source code but getting lost everything.

The second is a follow up, while exploring the code, I could not understand the difference between different types of functionality -

2. Descrption for different types of functionality can be seen here - https://rdrr.io/cran/apollo/man/apollo_mnl.html
The manual/webpage every briefly describes different types of functionalities. Can someone please explain the difference between "prediction" and "output" in details.

Thanks
stephanehess
Site Admin
Posts: 998
Joined: 24 Apr 2020, 16:29

Re: Conditional value of travel time in Latent choice model

Post by stephanehess »

Hi

on the first point, please look at Hess, S. (2014), Latent class structures: taste heterogeneity and beyond, in Hess, S. & Daly, A.J. (Eds.), Handbook of Choice Modelling, chapter 14, pp. 311-330, Edward Elgar publishers, Cheltenham. (http://www.stephanehess.me.uk/papers/bo ... s_2014.pdf)

on the second point, functionality is controlled by the code depending on what function is called, there is no need for the user to change this

Stephane
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Stephane Hess
www.stephanehess.me.uk
isiddhartha
Posts: 2
Joined: 19 Jan 2021, 22:51

Re: Conditional value of travel time in Latent choice model

Post by isiddhartha »

Thanks!
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