Estimating non-linear utility functions of time use in the context of an activity schedule adaptation model
نویسندگان
چکیده
Progress in activity-based modeling has recently focused on scheduling and rescheduling decisions (e.g. Gärling et al., 1999). In contributing to this line of research, the authors suggested a comprehensive model, called Aurora, of activity rescheduling decisions as a function of time pressure (Timmermans, et al., 2001). While the original paper focused on duration adjustment and schedule composition, later the proposed theory was elaborated and extended to include many different facets of activity rescheduling behavior (Joh et al., 2001, 2002). Numerical simulations supported the face validity of the model. Given the potential of the model, the next phase in the research project is concerned with the estimation of this complex, nonlinear model. This paper develops and tests an appropriate estimation method for the model, using a combination of theory and dedicated genetic algorithms. Results of numerical experiments are discussed. The paper first summarizes the theory underlying the model. Next, a method to estimate the model is proposed. The properties of this method are explored numerically using simulated data. The estimation method is tested using both perfect and noisy data. Finally, some conclusions are drawn and avenues for future research are suggested.
منابع مشابه
Estimating Stock Price in Energy Market Including Oil, Gas, and Coal: The Comparison of Linear and Non-Linear Two-State Markov Regime Switching Models
A common method to study the dynamic behavior of macroeconomic variables is using linear time series models; however, they are unable to explain nonlinear behavior of the series. Given the dependency between stock market and derivatives, the behavior of the underlying asset price can be modeled using Markov switching process properties and the economic regime significance. In this paper, a two-...
متن کاملNon-linear Analysis of Stability in the Islamic Banking Industry
Stability analysis is one of the most important fields of study in the Islamic banking and finance industry. For measuring stability in Islamic banking, we introduced, for the first time, an Islamic banking stability index (IBS) during 2013 to 2016 which use all CAMEL factors and so seems to be more comprehensive than Z-score stability index which dominantly used in the existing literatures. To...
متن کاملTime Prediction Using a Neuro-Fuzzy Model for Projects in the Construction Industry
This paper presents a prediction model based on a new neuro-fuzzy algorithm for estimating time in construction projects. The output of the proposed prediction model, which is employed based on a locally linear neuro-fuzzy (LLNF) model, is useful for assessing a project status at different time horizons. Being trained by a locally linear model tree (LOLIMOT) learning algorithm, the model is int...
متن کاملInvestigating the Role of real Money Balances in Households' Preferences function in the Framework of the Assets Pricing Models (M-CCAPM): Case study of Iran
In this paper, we try to develop and modify the basic model of the consumption-based capital asset pricing model by adding the growth in real money balances rate as a risk factor in the household's utility function as (M-CCAPM). For this purpose, two forms of utility function with constant relative risk aversion (CRRA) preferences and recursive preferences have been used such that M1 and M2 are...
متن کاملA blended model for estimating of missing precipitation data (Case study of Tehran - Mehrabad station)
Meteorological stations usually contain some missing data for different reasons.There are several traditional methods for completing data, among them bivariate and multivariate linear and non-linear correlation analysis, double mass curve, ratio and difference methods, moving average and probability density functions are commonly used. In this paper a blended model comprising the bivariate expo...
متن کامل