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- W190872166 abstract "In the European Journal of Transport and Infrastructure Research (EJTIR) Timmermans (2010) discussed the suitability of Prospect Theory for travel behaviour research. In that article appeared an assertion, about the explanatory performance of Prospect Theory with respect to choices in the TV game ‘Deal or no Deal’, which was not true. A thorough examination revealed more untruthful assertions and also inaccuracies in the references, fallacies and selective use of empirical evidence. This working paper offers an extensive documentation of the analysis. A summary was published in EJTIR [Van de Kaa, E.J. (2012) . Timmermans’ misleading critique of Prospect Theory actually supports its relevance for travel choice modelling. EJTIR 12 (4): 440-458]. The same issue of EJTIR contains Timmermans’ rejoinder. In the preface of this working paper I summarize the main findings while taking Timmermans' rejoinder into account. It shows that Timmermans’ criticism is unjust and that the references that underlie it, in connection with findings from other reviews, actually support the suitability of Prospect Theory for travel choice modelling. The nabeschouwing provides a summary in Dutch of the main findings." @default.
- W190872166 created "2016-06-24" @default.
- W190872166 creator A5040566315 @default.
- W190872166 date "2012-12-17" @default.
- W190872166 modified "2023-09-27" @default.
- W190872166 title "An analysis of Timmermans’ critique of Prospect Theory" @default.
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