3. Moneymetric and heteroscedastic specification

Although normalizing the scale to 1 is a common practice in random utility models, it is sometimes preferable to normalize another parameter. For instance, normalizing the cost coefficient to -1 sets the units of the utility function as currency units (CHF here), and the estimated coefficients are easily interpreted as willingness to pay. In that case, the scale must be estimated.

We also illustrate here a heteroscedastic specification, where a different scale is associated with different segments of the sample.

This example illustrates how to estimate such a specification with Bayesian inference.

Michel Bierlaire, EPFL Thu Nov 20 2025, 11:10:03

from pathlib import Path

from IPython.core.display_functions import display

See the data processing script: Data preparation for Swissmetro.

from swissmetro_data import (
    CAR_AV_SP,
    CAR_CO_SCALED,
    CAR_TT_SCALED,
    CHOICE,
    GROUP,
    SM_AV,
    SM_COST_SCALED,
    SM_TT_SCALED,
    TRAIN_AV_SP,
    TRAIN_COST_SCALED,
    TRAIN_TT_SCALED,
    database,
)

from biogeme.bayesian_estimation import (
    BayesianResults,
    BayesianResultsSummary,
    get_pandas_estimated_parameters,
)
from biogeme.biogeme import BIOGEME
from biogeme.expressions import Beta
from biogeme.models import loglogit

The scale parameters must stay away from zero. We define a small but positive lower bound

POSITIVE_LOWER_BOUND = 1.0e-5

Parameters to be estimated.

asc_car = Beta('asc_car', 0, None, None, 0)
asc_train = Beta('asc_train', 0, None, None, 0)
asc_sm = Beta('asc_sm', 0, None, None, 1)
b_time = Beta('b_time', 0, None, 0, 0)
b_cost = Beta('b_cost', -1, None, None, 1)
scale_not_group3 = Beta('scale_not_group3', 1, POSITIVE_LOWER_BOUND, None, 0)
scale_group3 = Beta('scale_group3', 1, POSITIVE_LOWER_BOUND, None, 0)

Definition of the utility functions.

v_train = asc_train + b_time * TRAIN_TT_SCALED + b_cost * TRAIN_COST_SCALED
v_swissmetro = asc_sm + b_time * SM_TT_SCALED + b_cost * SM_COST_SCALED
v_car = asc_car + b_time * CAR_TT_SCALED + b_cost * CAR_CO_SCALED

Scale associated with group 3 is estimated.

scale = (GROUP != 3) * scale_not_group3 + (GROUP == 3) * scale_group3

Scale the utility functions, and associate them with the numbering of alternatives.

v = {1: scale * v_train, 2: scale * v_swissmetro, 3: scale * v_car}

Associate the availability conditions with the alternatives.

av = {1: TRAIN_AV_SP, 2: SM_AV, 3: CAR_AV_SP}

Definition of the model. This is the contribution of each observation to the log likelihood function.

logprob = loglogit(v, av, CHOICE)

These notes will be included as such in the report file.

USER_NOTES = (
    'Illustrates a moneymetric heteroscedastic specification. A different scale is'
    ' associated with different segments of the sample.'
)

Create the Biogeme object.

the_biogeme = BIOGEME(database, logprob, user_notes=USER_NOTES)
the_biogeme.model_name = 'b03_scale'

Estimate the posterior distribution of the parameters, or read the results if already available.

yaml_file = Path('saved_results') / f'{the_biogeme.model_name}.yaml'
try:
    summary_results = BayesianResultsSummary.from_yaml_file(filename=yaml_file)
except FileNotFoundError:
    results: BayesianResults = the_biogeme.bayesian_estimation()
    summary_results = results.to_summary()
print(summary_results.short_summary())
Sample size                                              6768
Sampler                                                  NUTS
Number of chains                                         4
Number of draws per chain                                2000
Total number of draws                                    8000
Acceptance rate target                                   0.9
Run time                                                 0:00:38.540117
Posterior predictive log-likelihood (sum of log mean p)  -4975.40
Expected log-likelihood E[log L(Y|θ)]                    -4979.20
Best-draw log-likelihood (posterior upper bound)         -4976.74
LOO (Leave-One-Out Cross-Validation)                     -4983.02
LOO Standard Error                                       53.93
Effective number of parameters (p_LOO)                   7.62

Present the parameter estimates in a pandas table.

pandas_results = get_pandas_estimated_parameters(
    estimation_results=summary_results,
)
display(pandas_results)
               Name  Value (mean)  ...   ESS (bulk)   ESS (tail)
0         asc_train     -1.257455  ...  3245.645126  3719.043357
1           asc_car     -0.042467  ...  3572.771739  4585.755392
2  scale_not_group3      0.356773  ...  3421.731782  4254.279504
3      scale_group3      1.489222  ...  3279.999182  3990.383100
4            b_time     -1.051430  ...  3172.035280  3941.586272

[5 rows x 12 columns]

Report the variables stored in the Bayesian estimation results.

display(summary_results.report_stored_variables())
             group           variable                dims            shape
0    constant_data          CAR_AV_SP               [obs]           [6768]
1    constant_data      CAR_CO_SCALED               [obs]           [6768]
2    constant_data      CAR_TT_SCALED               [obs]           [6768]
3    constant_data             CHOICE               [obs]           [6768]
4    constant_data              GROUP               [obs]           [6768]
5    constant_data              SM_AV               [obs]           [6768]
6    constant_data     SM_COST_SCALED               [obs]           [6768]
7    constant_data       SM_TT_SCALED               [obs]           [6768]
8    constant_data        TRAIN_AV_SP               [obs]           [6768]
9    constant_data  TRAIN_COST_SCALED               [obs]           [6768]
10   constant_data    TRAIN_TT_SCALED               [obs]           [6768]
11  log_likelihood            _choice  [chain, draw, obs]  [4, 2000, 6768]
12       posterior            asc_car       [chain, draw]        [4, 2000]
13       posterior          asc_train       [chain, draw]        [4, 2000]
14       posterior             b_time       [chain, draw]        [4, 2000]
15       posterior           log_like  [chain, draw, obs]  [4, 2000, 6768]
16       posterior       scale_group3       [chain, draw]        [4, 2000]
17       posterior   scale_not_group3       [chain, draw]        [4, 2000]
18           prior            asc_car       [chain, draw]        [1, 2000]
19           prior          asc_train       [chain, draw]        [1, 2000]
20           prior             b_time       [chain, draw]        [1, 2000]
21           prior           log_like  [chain, draw, obs]  [1, 2000, 6768]
22           prior       scale_group3       [chain, draw]        [1, 2000]
23           prior   scale_not_group3       [chain, draw]        [1, 2000]
24    sample_stats    acceptance_rate       [chain, draw]        [4, 2000]
25    sample_stats          diverging       [chain, draw]        [4, 2000]
26    sample_stats             energy       [chain, draw]        [4, 2000]
27    sample_stats                 lp       [chain, draw]        [4, 2000]
28    sample_stats            n_steps       [chain, draw]        [4, 2000]
29    sample_stats          step_size       [chain, draw]        [4, 2000]
30    sample_stats         tree_depth       [chain, draw]        [4, 2000]

Total running time of the script: (0 minutes 1.205 seconds)

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