Modelling the Air Ticket Purchase Behavior Incorporating Latent Class Model

As passengers are proved to be preference heterogeneous in air travel, this paper tries to model the air ticket purchase behavior incorporating market segmentation. In the research, a latent-NL model, established on the latent class structure and the nested logit model, integrates the personal featu...

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Bibliographic Details
Main Authors: Jing Lu, Zheqing Wang, Yingjing Gu, Wenhui Yang
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2020/2046106