scholarly journals Decisional processing on parking behavior in entropic settings

2017 ◽  
Vol 41 (1) ◽  
pp. 17-29
Author(s):  
Moreno Ferrarese

This paper surveys the most recent advances in the context of decisional processing with focusing on the parking behavior in entropic settings, including the measures and the necessary mechanisms for the interaction of the actors-players, and their connection to decisional processing theory. The aim of this article is to provide a critical review of the most fashionable models and methods in parking lot financial design: the first class of methods covers the approach of analysis with the random entropic model; the second class of methods is the decisional processing through rational choice models as rational individual evaluations. Both techniques are described in detail in sections; we illustrate them using the well-known and easy multimodal problem approach and then we present the advanced applications. Thus, it is possible to identify all strong and weak points of the models and to compare them for a best feasible solution for parking lot economic and financial design. Taking into account a close equivalence between the aggregate methods of entropy maximization and disaggregated microeconomic method of discrete choice models, based on random utility theory, we try to provide a critical approach of it through the rational choice models and to underline the possible benefit of it for the problem decision.

2018 ◽  
Vol 1 (1) ◽  
pp. 21-37
Author(s):  
Bharat P. Bhatta

This paper analyzes and synthesizes the fundamentals of discrete choice models. This paper alsodiscusses the basic concept and theory underlying the econometrics of discrete choice, specific choicemodels, estimation method, model building and tests, and applications of discrete choice models. Thiswork highlights the relationship between economic theory and discrete choice models: how economictheory contributes to choice modeling and vice versa. Keywords: Discrete choice models; Random utility maximization; Decision makers; Utility function;Model formulation


Games ◽  
2021 ◽  
Vol 12 (1) ◽  
pp. 6
Author(s):  
Anna Bassi

Although parties’ preferences for office and policy goals have been featured by many rational choice models of party behavior and a majority of coalition theories, the literature still lacks a measure and a comprehensive analysis of how parties’ preferences vary among parties and across countries. This study aims to fill this gap by presenting the results of an original expert survey protocol, which finds that parties pursue both goals simultaneously as office is sought both as and an end and as a means to affect policy, and that the degree to which they prefer policy versus office objectives varies across parties and countries. I provide an application of the preference ratings for policy versus office in the context of government formation, by using the ratings to solve for and predict the equilibrium coalition that should have formed in Spain after the 2015 elections. The government predicted by the model matches the government that formed, providing evidence of the ability of the preference ratings to generate reliable predictions of the composition of government coalitions.


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