An exploratory analysis of traffic accidents and vehicle ownership decisions using a random parameters logit model with heterogeneity in means

2020 ◽  
Vol 25 ◽  
pp. 100116 ◽  
Author(s):  
Mohammad M. Hamed ◽  
Basel M. Al-Eideh
2011 ◽  
Vol 4 (8) ◽  
pp. 105
Author(s):  
Dena M. Camarena ◽  
Ana I. Sanjuán

Consumers’ stated preferences towards walnuts are studied by means of a choice experiment, with a double objective: first, to identify the main attributes searched by consumer at purchase and second, to analyse the chances for the introduction into the Spanish market of the Pecan variety. From this study, commercial guidelines may be derived, that helps distribution and import companies to commercialise this nut. A mixed or random parameters logit is estimated which relaxes the IIA property (independence of irrelevant alternatives) present in the logit model with fixed parameters. In a mixed logit, coefficients of each attribute/level vary randomly across consumers, reflecting the heterogeneity of individuals’ preferences. This model also allows estimate efficiently the parameters when each individual chooses several times, as in the present study.


2021 ◽  
Vol 11 (17) ◽  
pp. 7819
Author(s):  
Fulu Wei ◽  
Zhenggan Cai ◽  
Zhenyu Wang ◽  
Yongqing Guo ◽  
Xin Li ◽  
...  

The effect of risk factors on crash severity varies across vehicle types. The objective of this study was to explore the risk factors associated with the severity of rural single-vehicle (SV) crashes. Four vehicle types including passenger car, motorcycle, pickup, and truck were considered. To synthetically accommodate unobserved heterogeneity and spatial correlation in crash data, a novel Bayesian spatial random parameters logit (SRP-logit) model is proposed. Rural SV crash data in Shandong Province were extracted to calibrate the model. Three traditional logit approaches—multinomial logit model, random parameter logit model, and random intercept logit model—were also established and compared with the proposed model. The results indicated that the SRP-logit model exhibits the best fit performance compared with other models, highlighting that simultaneously accommodating unobserved heterogeneity and spatial correlation is a promising modeling approach. Further, there is a significant positive correlation between weekend, dark (without street lighting) conditions, and collision with fixed object and severe crashes and a significant negative correlation between collision with pedestrians and severe crashes. The findings can provide valuable information for policy makers to improve traffic safety performance in rural areas.


2017 ◽  
Vol 2017 ◽  
pp. 1-8
Author(s):  
Minho Park ◽  
Dongmin Lee

This study explored factors affecting traffic accidents in roadway segments with and without lighting systems using a random parameter negative binomial model. This study sought to make up for a shortcoming of the fixed parameter model that constrained the estimated parameters to be fixed across observations, by applying random parameters that can take into account unobserved heterogeneity. Three variables had a random parameter among nine significant variables in segments with lighting systems, while seven of the eleven significant variables in a segment without a lighting system had random parameters. The different influence of interstate highway geometrics on vehicle crashes with and without lighting systems found through this study considering unobserved heterogeneity may hopefully help reduce accident frequencies and consider installation of lighting systems on interstate highways in the future.


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