A Comparison of Revealed Preference and Stated Preference Models of Travel Behaviour

Mark R. Wardman

247 citations0/0 files storedJournal of Transport Economics and Policy

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Abstract

Individuals’ stated preferences are found to be a reasonably accurate guide to true underlying preferences. When the RP and SP models are segmented according to socio-economic factors, there is a high degree of correspondence between them.

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References

1987Discrete Choice Analysis: Theory and Application to Travel Demand.1978Conjoint Analysis in Consumer Research: Issues and Outlook 1983Design and Analysis of Simulated Consumer Choice or Allocation Experiments: An Approach Based on Aggregate Data

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