Titlebook: Random Regret-based Discrete Choice Modeling; A Tutorial Caspar G. Chorus Book 2012 The Author(s) 2012 RRM modeling.discrete choice theory.

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Selection of Recent Developments in RRM-Modeling,choice modeling. This chapter provides brief introductions to some of these developments, without aiming to be complete with respect to the number of developments covered nor the amount of detail provided for any one particular development. Instead, this chapter’s sections aim to provide some first

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Caspar G. ChorusIntroduces a regret minimization-based approach to discrete choice modeling.The approach provides a promising alternative to utility maximization-based choice models.Detailed discussion of the regret-

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Applicability of Random Regret Minimization-Models, and Their Strong and Weak Points, Chap. 3. More specifically, it is explained how RRM can be applied to model non-generic attributes, constants, non-continuous attributes, and interactions with socio-demographic variables. Subsequently, Sects. 4.2 and 4.3 present strong, respectively weak points of the RRM-model.