In contrast to the classical discrete choice experiment, the respondent in a rank-order discrete choice experiment, is asked to rank a number of alternatives instead of the preferred one. In this paper, we study the information matrix of a rank order nested multinomial logit model (RO.NMNL) and introduce local D-optimality criterion, then we obtain Locally D-optimal design for RO.NMNL models in...

In many industrial countries, ownership rates of risky assets have risen substantially over the past decade. This trend has potentially wide–ranging implications for the intertemporal and cross–sectional allocation of risk, and for the macro economy, establishing the need for understanding ownership dynamics at the micro level. This paper offers one of the first such analyses using representati...

With the development of vehicle automation and sharing economy, a mix human-driven autonomous vehicles can be expected in next few decades, which means conventional vehicles, carsharing, (AV) shared AVs will coexist, affecting way travel. AVs, especially combined with use, may contribute to reduce or solve some present most intractable urban problems such as traffic congestion, crashes wasted u...