• Title/Summary/Keyword: Logit

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Development and Application of the Heteroscedastic Logit Model (이분산 로짓모형의 추정과 적용)

  • 양인석;노정현;김강수
    • Journal of Korean Society of Transportation
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    • v.21 no.4
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    • pp.57-66
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    • 2003
  • Because the Logit model easily calculates probabilities for choice alternatives and estimates parameters for explanatory variables, it is widely used as a traffic mode choice model. However, this model includes an assumption which is independently and identically distributed to the error component distribution of the mode choice utility function. This paper is a study on the estimation of the Heteroscedastic Logit Model. which mitigates this assumption. The purpose of this paper is to estimate a Logit model that more accurately reflects the mode choice behavior of passengers by resolving the homoscedasticity of the model choice utility error component. In order to do this, we introduced a scale factor that is directly related to the error component distribution of the model. This scale factor was defined so as to take into account the heteroscedasticity in the difference in travel time between using public transport and driving a car, and was used to estimate the travel time parameter. The results of the Logit Model estimation developed in this study show that Heteroscedastic Logit Models can realistically reflect the mode choice behavior of passengers, even if the difference in travel time between public and private transport remains the same as passenger travel time increases, by identifying the difference in mode choice probability of passengers for public transportation.

Construct Validation of the Short Sensory Profile-2 (SSP-2) for Children With Autism Spectrum Disorder (자폐스펙트럼 장애 아동에 대한 단축형 감각 프로파일-2(Short Sensory Profile-2)의 구성타당도 연구)

  • Bak, Ah-Ream;Yoo, Doo-Han;Hong, Deok-Gi
    • The Journal of Korean Academy of Sensory Integration
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    • v.18 no.2
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    • pp.15-28
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    • 2020
  • Objective : The purpose of this study was to verify the construct validity of Short Sensory Profile-2 (SSP-2) for children with Autism Spectrum Disorder (ASD). Methods : Data were collected from SSP-2 for 120 parents of ASD children. Raw data were analyzed by applying the Rasch analysis to the goodness fit of person and item, item difficulty, rating scale, and separation reliability of SSP-2. Results : 7 persons in sensory processing area and 8 persons in behavioral response area were inappropriate criteria and excluded from the analysis. Item goodness-of-fit analysis determined that the If the Mnsq value is between 0.6 and 1.4 and the Z value is outside the ±2 range for nonconformity. this study All items in the instrument were found to have appropriate criteria. Item difficulty analysis in sensory processing area was high in item 13 (.48 logit) and low in item 10 (-.54 logit). In the behavioral response area, item 25 (1.58 logit) was high and item 30 (-.68 logit) was low. In the rating scale analysis, it was found that the 3-point scale is more appropriate than the 5-point scale. The separation reliability of sensory processing area was .90 and the behavioral response area was .95. Conclusion : This study verified the construct validity of SSP-2 and expected to be applied as a useful evaluation tool for children with ASD.

A Cumulative Logit Mixed Model for Ordered Response Data

  • Choi, Jae-Sung
    • Journal of the Korean Data and Information Science Society
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    • v.17 no.1
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    • pp.123-130
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    • 2006
  • This paper discusses about how to build up a mixed-effects model using cumulative logits when some factors are fixed and others are random. Location effects are considered as random effects by choosing them randomly from a population of locations. Estimation procedure for the unknown parameters in a suggested model is also discussed by an illustrated example.

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Assessing Distress Prediction Model toward Jeju District Hotels (제주지역 호텔기업 부실예측모형 평가)

  • Kim, Si-Joong
    • The Journal of Industrial Distribution & Business
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    • v.8 no.4
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    • pp.47-52
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    • 2017
  • Purpose - This current study will investigate the average financial ratio of top and failed five-star hotels in the Jeju area. A total of 14 financial ratio variables are utilized. This study aims to; first, assess financial ratio of the first-class hotels in Jeju to establishing variables, second, develop distress prediction model for the first-class hotels in Jeju district by using logit analysis and third, evaluate distress prediction capacity for the first-class hotels in Jeju district by using logit analysis. Research design, data, and methodology - The sample was collected from year 2015 and 14 financial ratios of 12 first-class hotels in Jeju district. The results from the samples were analyzed by t-test, and the independent variables were chosen. This was an empirical study where the distress prediction model was evaluated by logit analysis. This current research has focused on critically analyzing and differentiating between the top and failed hotels in the Jeju area by utilizing the 14 financial ratio variables. Results - The verification result of the accuracy estimated by logit analysis has shown to indicate that the distress prediction model's distress prediction capacity was 83.3%. In order to extract the factors that differentiated the top hotels in the Jeju area from the failed hotels among the 14 chosen, the analysis of t-black was utilized by independent variables. Logit analysis was also used in this study. As a result, it was observed that 5 variables were statistically significant and are included in the logit analysis for discernment of top and failed hotels in the Jeju area. Conclusions - The distress prediction press' prediction capability was compared in this research analysis. The distress prediction press prediction capability was shown to range from 75-85% by logit analysis from a previous study. In this current research, the study's prediction capacity was shown to be 83.33%. It was considered a high number and was found to belong to the range of the previous study's prediction capacity range. From a practical perspective, the capacity of the assessment of the distress prediction model in the top and failed hotels in the Jeju area was considered to be a prominent factor in applications of future hotel appraisal.

Measuring the Monetary Value of Intellectual Capital - A Case Study of the ETRI - (지적자본의 화폐가치 측정 방법 연구: E연구원 사례를 중심으로)

  • Kim, Yong-Joo;Yi, Chan-Goo;Kim, Dong-Young
    • Asia pacific journal of information systems
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    • v.15 no.4
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    • pp.165-192
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    • 2005
  • This study introduces how to estimate the monetary value of intellectual capital of a public research institute by incorporating a non-market valuation technique, the choice experiments(CE). CE is a survey-based environmental valuation technique that has increasingly been popular over the last decade. The members of institute E, a typical type of public research institutes in Korea, were surveyed, before the data were fit to the conditional logit and mixed logit models. The total value of the institute's intellectual capital was estimated at approximately W3,377 billion for the year 2003. The institute's human, structural and relational capitals that comprise the intellectual capital were estimated at W18.7 billion, W10.7 billion and W4.4 billion respectively, for each of the components' index values improving by 1%. The human capital was placed a higher value than the other two. The study also shows that CE is a flexible technique that enables the researcher to estimate the monetary value of the intellectual capital whatever the index values of the component capitals and to interpret model estimation results more in depth by incorporating the mixed logit, a state-of-the-art discrete choice model, than the conventional conditional logic.

Two Stage Small Area Estimation (이단계 소지역추정)

  • Lee, Sang-Eun;Shin, Key-Il
    • The Korean Journal of Applied Statistics
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    • v.25 no.2
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    • pp.293-300
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    • 2012
  • When Binomial data are obtained, logit and logit mixed models are commonly used for small area estimation. Those models are known to have good statistical properties through the use of unit level information; however, data should be obtained as area level in order to use area level information such as spatial correlation or auto-correlation. In this research, we suggested a new small area estimator obtained through the combination of unit level information with area level information.

A LOGIT based Traffic Assignment Model Considering Passenger Transfer on Railway Network (철도 네트워크에서 환승수요를 고려한 다항로짓 기반 통행배정 모형 연구)

  • Park, Bum-Hwan;Rho, Hag-Lae;Cheon, Seung-Hoon;Lee, Jin-Sun
    • Journal of the Korean Society for Railway
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    • v.14 no.3
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    • pp.276-284
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    • 2011
  • In our study, we present a new LOGIT-based traffic assignment model applicable to intercity railway network. Most traffic assignment models have been developed for public transit assignment in urban area, so that they are known to produce unrealistic results in intercity railway demand analysis. Especially, since the introduction of KTX, more passengers are using a route including KTX service and the schedule becomes more compatible with transfer. Our study presents a new LOGIT-based traffic assignment model considering passenger transfer. To do so, we suggest a new route search algorithm to find K paths with non increasing order in the utility value.

Estimating willingness-to-pay for the tap water quality improvement in Busan using contingent valuation method (조건부가치측정법을 이용한 부산시 상수도 수질개선에 대한 WTP 추정)

  • Pyo, Heedong;Choo, Jae Wook
    • Journal of Korean Society of Water and Wastewater
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    • v.28 no.5
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    • pp.561-571
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    • 2014
  • The paper is to estimate willingness-to-pay (WTP) for tap water quality improvement in Busan, using parametric approach in contingent valuation method(CVM). For parametric approach linear logit model and log logit model are employed in double-bounded dichotomous choice format of CVM. For the reliability and the validity of contingent valuation method a survey was conducted for 665 respondents, who were sampled by stratified random sampling method, by personal interview method. The result of mean WTP for the tap water quality improvement in Busan was estimated to be 3,687 won and 3,660 won per month per household, while median WTP being 1,884 won and 1,892 won per month per household, respectively by linear logit model and log logit model. Provided that our sample is broadly representative of the Busan's population, an estimate of the annual aggregated benefit of residential water improvement for all Busan households is approximately 29.7 billion won to 29.8 billion won based on median WTP.

Random Utility Models and the Value of National Parks in Korea (확률효용모형 분석을 통한 국립공원의 경제적 가치 평가)

  • Kwon, Oh Sang
    • Environmental and Resource Economics Review
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    • v.14 no.1
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    • pp.51-73
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    • 2005
  • The purpose of this study is estimating the value of recreation of the eighteen national parks in Korea. A conditional logit model and a nested logit model have been estimated for the purpose. The data used for the study have been collected via a national level off-site survey. In addition, the annual aggregate data on the number of visitors to each park have been combined with the survey data to derive more reliable estimates. The paper finds that there are substantial differences in preferences for mountain and marine national parks. Not only the value of each park but also the values of the main characteristics of the parks are estimated.

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A Store Choice Model for an Entry Strategy of New Stores: An Application of the Mother Logit Model (신규점포의 진입전략을 위한 점포선택모형: mother 로짓모형의 적용)

  • 김근배;박동준;서봉철
    • Journal of Distribution Research
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    • v.4 no.3
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    • pp.47-64
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    • 2000
  • This study introduces the mother logit model to predict consumer's store choices. The model is not based on the IIA assumptions and thus accounts for substitution among similar alternatives. The choice data as an input to the model is obtained through the conjoint-type choice experiment. The model is applied to consumer's choice of fastfood stores in the context where new store enters the market. The analysis shows that the substitution effects are significant and therefore the mother logit model predicts better than the IIA model. The mother logit model will be useful as well for the market structure analysis in capturing cannibalization among several brands.

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