Choice probabilities and correlations in closed-form route choice models: Specifications and drawbacks

Abstract

This paper investigates the performance – in terms of choice probabilities and correlations – of existing and new specifications of closed-form route choice models with flexible correlation patterns, namely the Link Nested Logit (LNL), the Paired Combinatorial Logit (PCL) and the more recent Combination of Nested Logit (CoNL) models. Following a consolidated track in the literature, choice probabilities and correlations of the Multinomial Probit (MNP) model are taken as targets. Laboratory experiments on small/medium-size networks are illustrated, also leveraging a procedure for practical calculation of correlations of any GEV models. Results show that models with inherent limitations in the coverage of the domain of feasible correlations yield unsatisfactory performance, whilst the specifications of the CoNL proposed in the paper appear the best in fitting both MNP correlations and probabilities. The performance of the models is appreciably ameliorated by introducing lower bounds to the nesting parameters. Overall, the paper provides guides for the practical application of tested models.