Comparing discrete choice and machine learning models in predicting destination choice

Abstract Destination choice modeling has long been dominated by theory-based discrete choice models. Simultaneously, machine learning has demonstrated improved predictive performance to other fields of discrete choice modeling. The objective of this research was to compare machine learning models and a multinomial logit model in predicting destination choice. The models were assessed on their predictive performance using metrics for both binary classification and probabilistic classification. The results indicate that machine learning models, especially a random forest model, could bring improvements in prediction accuracy. The more data was used in training the models, the better the machine learning models tended to perform compared to the multinomial logit model. With less data, the multinomial logit model performed comparatively well. The findings are relevant for the field of destination choice modeling, where evidence on the use of machine learning models is very limited. In addition, the unbalanced choice sets of destination choice models with multiple non-chosen alternatives increases the need for further research in model fit and parameter tuning.

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Publication Details

Journal
European Transport Research Review
Published
2024-08-21
DOI
https://doi.org/10.1186/s12544-024-00667-9
Citations
7
Primary Topic
Economic and Environmental Valuation
Type
article
Field-Weighted Citation Impact
7.90

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article

Comparing discrete choice and machine learning models in predicting destination choice

Martijn Hollestelle, Ilona Rahnasto
7 citations
European Transport Research Review
Economic and Environmental Valuation
7.90
article

Comparing discrete choice and machine learning models in predicting destination choice

Martijn Hollestelle, Ilona Rahnasto
article en
7 citations

Abstract

Abstract Destination choice modeling has long been dominated by theory-based discrete choice models. Simultaneously, machine learning has demonstrated improved predictive performance to other fields of discrete choice modeling. The objective of this research was to compare machine learning models and a multinomial logit model in predicting destination choice. The models were assessed on their predictive performance using metrics for both binary classification and probabilistic classification. The results indicate that machine learning models, especially a random forest model, could bring improvements in prediction accuracy. The more data was used in training the models, the better the machine learning models tended to perform compared to the multinomial logit model. With less data, the multinomial logit model performed comparatively well. The findings are relevant for the field of destination choice modeling, where evidence on the use of machine learning models is very limited. In addition, the unbalanced choice sets of destination choice models with multiple non-chosen alternatives increases the need for further research in model fit and parameter tuning.

European Transport Research ReviewVol. 16(1)
Ramboll (Finland) (FI)
European Commission
Life in Land
Openalex Percentile: Top 3%
Economic and Environmental Valuation
7.90
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