de Jong, Gerard; Daly, Andrew; Pieters, Marits; van der … - In: Transportation Research Part A: Policy and Practice 41 (2007) 9, pp. 874-889
The logsum is a measure of consumer surplus in the context of logit choice models. In spite of the very frequent use of logit models in transport, project assessment is only rarely done using logsums. Instead in project evaluation or appraisal, changes in transport costs and time (borrowing...